BEIJING, July 31, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2024. Gross margin was 5.9% for the fiscal year ended March 31, 2024 , compared with 1.2% in the prior fiscal year. Loss from operations was RMB312.5 million ( US$43.3 million ) for the fiscal year ended March 31, 2024 , compared with RMB356.9 million in the prior fiscal year. Other revenue was RMB34.4 million (US$4.7 million) for the fiscal year ended March 31, 2024, compared with RMB38.9 million in the prior fiscal year. Gross margin was 5.9% for the fiscal year ended March 31, 2024, compared with 1.2% in the prior fiscal year.

Source: Manila Times July 31, 2024 15:10 UTC