India, March 21 -- NIO Inc. (NIO), a Chinese multinational automobile manufacturer, on Friday announced that net loss attributable to shareholders widened from last year.
Shares of NIO are decreasing in the pre-market trading.
In the fourth quarter, net loss attributable to ordinary shareholders widened to RMB 7.13 billion, or $977.05 million from RMB 5.59 billion in the previous year.
Loss per share/ADS attributable to ordinary shareholders was RMB 3.45, $0.47 versus RMB 3.18 in the previous year's quarter.
On an adjusted basis, net loss was RMB 6.55 billion, while adjusted loss was RMB 4.95 billion in the prior year.
Adjusted loss per share/ADS attributable to ordinary shareholders was RMB 0.43 versus RMB 2.81 last year.
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