$Niu Technologies (NIU.US)$ The good news is, despite chall...
$Niu Technologies(NIU.US$ The good news is, despite challenging Q2 from lockdowns, NIU is still profitable! Compare that to the same share price in 2019, NIU has more products, stores and profitable!
I had thought it would make a loss in Q2 due to lockdowns and high lithium prices. If you can be profitable in a bear market, it's nothing to be ashamed of. Most importantly, international sales grew 300%, And with sodium ion batteries next year, it should see high growth from a low base this year.
I had thought it would make a loss in Q2 due to lockdowns and high lithium prices. If you can be profitable in a bear market, it's nothing to be ashamed of. Most importantly, international sales grew 300%, And with sodium ion batteries next year, it should see high growth from a low base this year.
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