Quhuo Ltd. First Half 2025 Revenues from Housekeeping and Accommodation Solutions Rise 70.8% Year-Over-Year to RMB34.8 Million; Net Loss Widens to RMB52.99 Million

Reuters09-26
Quhuo Ltd. First Half 2025 Revenues from Housekeeping and Accommodation Solutions Rise 70.8% Year-Over-Year to RMB34.8 Million; Net Loss Widens to RMB52.99 Million

Quhuo Ltd. reported its unaudited financial results for the six months ended June 30, 2025. The company posted a net loss of RMB 52.99 million (US$7.40 million) for the period, compared to a net loss of RMB 46.52 million in the same period a year earlier. The EBITDA loss was RMB 60.19 million (US$8.40 million), compared to an EBITDA loss of RMB 34.78 million for the previous year's period. The company also reported an income tax benefit of RMB 17.90 million (US$2.50 million), up from RMB 2.62 million in the prior-year period. Depreciation totaled RMB 0.94 million (US$0.13 million), and amortization was RMB 7.59 million (US$1.06 million) for the first half of 2025. Interest expense for the period was RMB 2.17 million (US$0.30 million). Quhuo used an exchange rate of RMB 7.1636 to US$1.00 for the translations as of June 30, 2025. No specific guidance on future sales or net income was provided in the latest release.

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