Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a company providing warehousing and logistics services, has announced its financial results for the second quarter ending June 30, 2025. The company reported a significant increase in revenue, totaling $354,126 from its logistics and warehousing business, a 278.9% increase compared to the same period in 2024. Despite this growth in revenue, Cheetah Net Supply Chain Service Inc. experienced an operating loss of $780,849. After accounting for interest income of $272,228, the net loss stood at $512,528, marking a 6.8% decrease from the net loss reported during the same period in the prior year. Tony Liu, Chairman and CEO, noted the company's proactive measures in response to challenges such as the tariff turmoil affecting their business since March 2025. The management's efforts included increasing labor and logistics services and generating interest income from public offerings to improve operational efficiency. The company remains focused on integrating its recently acquired companies to build a more resilient growth foundation amid trade policy pressures. For the six months ending June 30, 2025, the company reported $833,925 in revenue from its logistics and warehousing service segment. Revenue contributions from Edward Transit Express Group Inc. and TW & EW Services Inc. were reported at 13.8% and 86.2%, respectively. The company did not provide any specific outlook or guidance for the future in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheetah Net Supply Chain Service Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9505845-en) on August 04, 2025, and is solely responsible for the information contained therein.
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