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GOGOX Holdings Reports Increased Losses Despite Revenue Growth in H1 2025

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GOGOX Holdings Reports Increased Losses Despite Revenue Growth in H1 2025

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GOGOX Holdings Limited ( (HK:2246) ) has shared an update.

GOGOX Holdings Limited announced its interim financial results for the first half of 2025, reporting a slight increase in revenue but a significant rise in losses compared to the same period in 2024. The company experienced a 1.3% increase in revenue to RMB 328,287,000, but its gross profit fell by 17.3%, and the adjusted net loss surged by 120%. These results indicate ongoing challenges in managing costs and improving profitability, impacting its financial stability and market position.

More about GOGOX Holdings Limited

GOGOX Holdings Limited is a company incorporated in the Cayman Islands, focusing on logistics and transportation services. It operates primarily in the Asian market, providing innovative solutions for goods delivery and logistics management.

Average Trading Volume: 88,251

Technical Sentiment Signal: Sell

Current Market Cap: HK$256.7M

See more data about 2246 stock on TipRanks’ Stock Analysis page.

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