(Yicai Global) May 13 -- Niu Technologies, a Beijing-based electric scooter firm, has gotten into the black for the first time after it went public last October, logging a net profit of CNY12 million (USD1.8 million) in the first quarter of this year. The company's total revenue more than doubled to CNY355 million, with the tally of overseas revenues making up nearly 19 percent of the total. 

Editor: Emmi Laine