Laix Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
LAIX Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was CNY 239.426 million compared to CNY 262.092 million a year ago. Operating loss was CNY 77.621 million compared to CNY 214.533 million a year ago. Net loss was CNY 70.635 million compared to CNY 214.096 million a year ago. For the nine months, sales was CNY 737.169 million compared to CNY 791.823 million a year ago. Operating loss was CNY 370.047 million compared to CNY 373.622 million a year ago. Net loss was CNY 360.145 million compared to CNY 369.211 million a year ago.