Total revenue was RMB228.2 million ($32.2 million) for the quarter ended March 31, down from RMB237.3 million a year earlier.
Looking forward, the company expects total net revenue of RMB1.32 billion ($185.6 million) to RMB1.50 billion ($211 million) in fiscal year 2021. Net revenue from services through the platform is expected to be RMB520 million ($73.1 million) to RMB610 million ($85.8 million).
The company said it is still expecting negative impact of the COVID-19 pandemic to continue to the fiscal year 2021 but to a lesser extent than in fiscal Q4.
Price: 3.6500, Change: +0.03, Percent Change: +0.83
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