Senmiao technology reports fiscal 2024 third quarter financial results

Chengdu, china , feb. 12, 2024 /prnewswire/ -- senmiao technology limited ("senmiao") (nasdaq: aihs), a financing and servicing company focused on the online ride-hailing industry in china as well as an operator of its own online ride-hailing platform, today announced financial results for its fiscal 2024 third quarter ended december 31, 2023. fiscal 2024 third quarter financial and operating highlights total revenues of $1.6 million compared to $1.7 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services, which was partially offset by increased revenues from the automobile rental business.
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