Chinese used car retailer reports 2nd fiscal quarter results which were broadly in line with expectations. Profitable growth is expected to occur in calendar year 2023.

By Thomas Kerr, CFA

NASDAQ:UXIN

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On December 30^th, Uxin (NASDAQ:UXIN) reported fiscal 2^nd quarter operating and financial results for the three-month period ending September 30, 2022. Total revenues increased to $87 million which was a 1.2% increase from the fiscal 1^st quarter and a 78.9% increase from the prior year period. Unit volume was 6,050 vehicles in the quarter, an increase of 10.5% from the 1^st fiscal quarter and an increase of 65.8% from…