PINTEC Announces full year 2020 Unaudited Financial Results
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BEIJING, April 14, 2021 /PRNewswire/ Pintec Technology Holdings Limited (NASDAQ: PT) ( PINTEC or the Company ), a leading independent technology platform enabling financial services in China, today announced its unaudited financial results for the year ended December 31, 2020.
Financial Highlights for the Year Ended December 31, 2020
Total revenues decreased by 70.6% to RMB378.3 million (US$58.0 million) from RMB1,285.2 million for the year ended December 31, 2019.
Gross profit was RMB92.5 million (US$14.2 million) compared to RMB515.5 million for the year ended December 31, 2019. Gross margin was 24.5% compared to 40.1% for the year ended December 31, 2019.
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