Laix Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
LAIX Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was CNY 269.405 million compared to CNY 276.427 million a year ago. Operating loss was CNY 95.885 million compared to CNY 88.949 million a year ago. Net loss was CNY 92.503 million compared to CNY 87.843 million a year ago. For the half year, sales was CNY 497.743 million compared to CNY 529.731 million a year ago. Operating loss was CNY 292.426 million compared to CNY 159.089 million a year ago. Net loss was CNY 289.510 million compared to CNY 155.115 million a year ago.