NIO Inc ADR

NIO: XNYS (USA)
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Nio: Strong Fourth-Quarter Sales Point to Its First Positive Operating Profit

Nio guided an operating profit of CNY 200 million-CNY 700 million for the fourth quarter and adjusted operating profit of CNY 700 million-CNY 1.2 billion, excluding share-based compensation, which is the first time the company reported an operating profit break-even on a quarterly basis.

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