Ninebot Corporation's 2024 Half-Year Report Strong Growth in Revenue and Profit

TapTechNews August 6th news, Ninebot Corporation today released an announcement that the company achieved operating income of 6.666 billion yuan in the first half of 2024, with a year-on-year increase of 52.20%; the net profit attributable to the parent company was 596 million yuan, with a year-on-year increase of 167.82%; and the basic earnings per share was 8.34 yuan.

Ninebot Corporation currently has products such as electric balance scooters, electric skateboards, electric two-wheelers, all-terrain vehicles, service robots, E-bikes, etc., and is mainly engaged in the R & D, production, sales and service of intelligent short-distance transportation and service robot products.

In the first half of 2024, the sales volume of Ninebot's self-owned brand retail skateboards was 518,100 units, with an income of 1.031 billion yuan; the sales volume of electric two-wheelers was 1.2 million units (1.1984 million units in the Chinese region), with an income of 3.383 billion; the sales volume of all-terrain vehicles was 12,100 units, with an income of 507 million yuan; and the income of mowing robots was 449 million yuan.

TapTechNews learned from the announcement that the number of R & D personnel of Ninebot Corporation in the first half of 2024 reached 1410, with an average salary of 150,000 yuan.