EHang Reports First Quarter 2021 Unaudited Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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- Expanded well-rounded product portfolio to capture more market opportunities
GUANGZHOU, China, April 16, 2021 (GLOBE NEWSWIRE) EHang Holdings Limited ( EHang or the Company ) (NASDAQ:EH), the world s leading autonomous aerial vehicle ( AAV ) technology platform company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB54.6 million (US$8.4 million), on par with RMB54.7 million in the fourth quarter of 2019. Revenues from air mobility solutions were RMB33.4 million (US$5.1 million), reflecting a 10.1% decrease year over year mainly due to the resurgence of the COVID-19 pandemic in China in the fourth quarter and its impact on tourism industry customers.
EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.