DoNews, March 7 (Wu Li) on March 7, maverick electric (NASDAQ: NIU) released its unaudited financial reports for the fourth quarter and the whole year ended December 31, 2021.

The financial report shows that in 2021, maverick electric achieved an operating revenue of 3.705 billion yuan, with a year-on-year increase of 51.6%. In terms of profit indicators, the company’s annual net profit was 226 million yuan, with a gross profit margin of 21.90%. The performance continued to grow steadily, which was in line with market expectations as a whole.

In the fourth quarter, the electric sales volume of Mavericks reached 238188, with a year-on-year increase of 58.3%; Among them, the sales volume in China reached 205239, with a year-on-year increase of 49.2%, and the sales volume in the international market was 32949, with a year-on-year increase of 155.8%.