Q3 2024 Cango Inc Earnings Call Transcript

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Nov 05, 2024

Nov 05, 2024 / 01:00AM GMT
Operator

Good morning and good evening, everyone. Welcome to Cango Inc third quarter, 2024 earnings conference call at this time. All participants are in a listen-only mode. This call is also being broadcast live on the company's IR website.

Joining us today are Mr Jiayuan Lin, Chief Executive Officer and Miss Reenan Financial Director of Tango.

Following management's prepared remarks, we will conduct a Q&A session before I begin. I refer you to the safe harbor statement in the company's earnings release, which also applies to the conference call today as management will make forward-looking statements with that said I am now turning the call to Mr Gia Yunlin CEO of KO. Please go ahead.

Lin Jiayuan - Cango Inc - Chief Executive Officer, Co-Founder, Director

Hello everyone and welcome to Cango's third quarter, 2024 earnings call.

TJ.

In the third quarter of 2024. Kano's overall business performance remains stable highlighted by total revenue of RMB26.95 million. An operating profit of RMB35.24 million and a net profit of RMB67.88

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