Senmiao Technology: Falls on bigger Q3 loss, lower revenue

Senmiao Technology

16/02/2021 15:21

** Automobile service provider's shares  AIHS.O  down 1.5%
at $1.58
    ** Company posts Q3 loss of $0.07/shr vs loss of
$0.03/shrlast year  urn:newsml:reuters.com:*:nPnc21bZfa
    ** Reports Q3 revenue of $1.6 mln vs $2.7 mln 
    ** Company says Q3 revenue was hurt by the impact of the
COVID-19 pandemic, resulting in a fall of automobile purchases
and a significant number of ride-hailing drivers exiting the
business
    ** AIHS shares up 50% YTD, as of last close

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com))