Earnings Call Summary | Quhuo(QH.US) Q2 2023 Earnings Conference
Earnings Call Summary | Quhuo(QH.US) Q2 2023 Earnings Conference
The following is a summary of the Quhuo Limited (QH) Q2 2023 Earnings Call Transcript:
Financial Performance:
Quhuo Limited reported a total revenue of 133.7 million RMB in 2023, along with a gross profit of 166.6 million RMB.
The firm's adjusted net income increased by 64.7% to 5.5 million RMB compared to 2022.
The company reported a positive EBITDA for four consecutive reporting periods.
Revenues from on-demand food delivery decreased by 6.2%, while mobility service solutions witnessed a significant increase of 116.4% to RMB233.8 million.
Quhuo reported a net income of RMB3.3 million in 2023, showing a turnaround from the net loss reported in the previous year.
A lower estimated annual effective tax rate resulted in a decrease in the income tax expense for the company.
Business Progress:
Quhuo identified used vehicle exports and SaaS+ services as two primary growth engines and achieved a revenue of approximately 154 million RMB in 2023 from vehicle exports.
The transition to a SaaS+ empowerment model resulted in a 53% growth in GMV in the housekeeping and accommodation solutions sector.
The company is transitioning to a collaboration strategy aiming to partner with firms in the medical services and care for the elderly sectors.
The firm plans to launch Carnuxt, a used vehicle export platform, to enhance the transparency, security, and quality of used vehicles.
Quhuo plans to expand into the overseas on-demand delivery market in 2024, with a focus on Southeast Asia and the Middle East, and aims to expand to more than five new countries by 2025.
More details: Quhuo IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Quhuo Limited (QH) Q2 2023 Earnings Call Transcript:
以下是Quhuo Limited(QH)2023年第二季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Quhuo Limited reported a total revenue of 133.7 million RMB in 2023, along with a gross profit of 166.6 million RMB.
The firm's adjusted net income increased by 64.7% to 5.5 million RMB compared to 2022.
The company reported a positive EBITDA for four consecutive reporting periods.
Revenues from on-demand food delivery decreased by 6.2%, while mobility service solutions witnessed a significant increase of 116.4% to RMB233.8 million.
Quhuo reported a net income of RMB3.3 million in 2023, showing a turnaround from the net loss reported in the previous year.
A lower estimated annual effective tax rate resulted in a decrease in the income tax expense for the company.
Quhuo Limited報告稱,2023年的總收入爲1.337億元人民幣,毛利爲1.666億元人民幣。
與2022年相比,該公司調整後的淨收入增長了64.7%,達到550萬元人民幣。
該公司連續四個報告期報告息稅折舊攤銷前利潤爲正。
按需送餐收入下降了6.2%,而出行服務解決方案的收入大幅增長了116.4%,至人民幣2.338億元。
Quhuo公佈的2023年淨收入爲人民幣330萬元,與去年公佈的淨虧損相比有所好轉。
較低的預計年度有效稅率導致公司的所得稅支出減少。
Business Progress:
業務進展:
Quhuo identified used vehicle exports and SaaS+ services as two primary growth engines and achieved a revenue of approximately 154 million RMB in 2023 from vehicle exports.
The transition to a SaaS+ empowerment model resulted in a 53% growth in GMV in the housekeeping and accommodation solutions sector.
The company is transitioning to a collaboration strategy aiming to partner with firms in the medical services and care for the elderly sectors.
The firm plans to launch Carnuxt, a used vehicle export platform, to enhance the transparency, security, and quality of used vehicles.
Quhuo plans to expand into the overseas on-demand delivery market in 2024, with a focus on Southeast Asia and the Middle East, and aims to expand to more than five new countries by 2025.
Quhuo將二手車出口和SaaS+服務確定爲兩個主要增長引擎,並在2023年通過汽車出口實現了約1.54億元人民幣的收入。
向SaaS+賦能模式的過渡使家政和住宿解決方案領域的GMV增長了53%。
該公司正在向合作戰略過渡,旨在與醫療服務和老年人護理領域的公司合作。
該公司計劃推出二手車出口平台Carnuxt,以提高二手車的透明度、安全性和質量。
Quhuo計劃在2024年擴展到海外按需配送市場,重點是東南亞和中東,並計劃到2025年擴展到五個以上的新國家。
More details: Quhuo IR
更多詳情: Quhuo IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。
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