Ruhnn Holding Limited Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended Sep. 30, 2019; Reiterates Revenue Outlook for the Full Fiscal Year 2020
For the six months, total net revenue was RMB 585,511,000 against RMB 470,892,000 a year ago. Loss from operations was RMB 92,281,000 against RMB 62,058,000 a year ago. Net loss was RMB 80,003,000 against RMB 67,530,000 a year ago. Basic net loss per ordinary share was RMB 0.19 against RMB 0.19 a year ago.
The company reiterated revenue outlook for the full fiscal year 2020. For the year, the company currently expects net revenue from product sales through the full-service model to be between RMB 980.0 million and RMB 1,130.0 million and net revenue from services through the platform model to be between RMB 280.0 million and RMB 380.0 million, representing a year-over-year growth between 4% and 20%, and between 86% and 152%, respectively.