Cango Inc - ADR

NYSE:CANG   3:59:51 PM EDT
4.13
-0.12 (-2.82%)
4:00:00 PM EDT: $4.10 -0.03 (-0.73%)
Other Pre-Announcement

Cango Q2 Revenue Rose 245.5 Percent To RMB 946.7 Million

Published: 08/19/2021 21:48 GMT
Cango Inc - ADR (CANG) - .
Reports Second Quarter 2021 Unaudited Financial Results.
Q2 Revenue Rose 245.5 Percent to Rmb 946.7 Million.
Sees Q3 Revenue Rmb 700 Million to Rmb 750 Million.
Cango - Ongoing Chip Supply Shortage, Which Has Slowed Down Production and Consumption in Entire Auto Industry, Impacted Business to a Certain Extent.
Expect Ongoing Chip Supply Shortage Impact to Linger in Second Half of 2021.
Qtrly Earnings per Ads Attributable to Ordinary Shareholders Rmb 3.75.
Qtrly Non-GAAP Net Income per Ads Rmb 3.89.