XPeng Inc - ADR

NYSE:XPEV   9:58:23 AM EDT
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Other Pre-Announcement

Xpeng Q3 Revenue Rose 342.5 Percent To RMB 1.99 Billion

Published: 11/12/2020 09:17 GMT
(XPEV) - Xpeng Reports Third Quarter 2020 Unaudited Financial Results.
Q3 Revenue Rose 342.5 Percent to Rmb 1.99 Billion.
Sees Q4 2020 Revenue About Rmb 2.2 Billion.
Qtrly Deliveries of Vehicles Reached 8,578, Representing an Increase of 265.8% From 2,345 in Q3 of 2019.
Total Revenues Were Rmb1,990.1 Million (us$293.1 Million) for Q3 of 2020 Versus Rmb449.7 Million for Same Period of 2019.
Basic and Diluted Net Loss per American Depositary Share (ads) Were Both Rmb5.07 (us$0.75) for Q3 of 2020.
Non-GAAP Basic and Diluted Net Loss per Ads Were Both Rmb2.16 (us$0.32) for Q3 of 2020.
Sees Q4 Deliveries of Vehicles to Be Approximately 10,000 Vehicles.