Uxin Reports Unaudited First Quarter of Fiscal Year 2024 Financial Results
BEIJING, Nov. 28, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the first quarter ended June 30, 2023.
Highlights for the Quarter Ended June 30, 2023
Transaction volume was 3,254 units for the three months ended June 30, 2023, a decrease of 9.8% from 3,607 units in the last quarter and a decrease of 40.6% from 5,475 units in the same period last year.Retail transaction volume was 1,687 units, a decrease of 25.3% from 2,259 units in the last quarter and a decrease of 29.9% from 2,407 units in the same period last year.Total revenues were RMB289.0 million (US$39.9 million) for t