Kuaigou Dache: Expected mid-term loss of 100 million to 120 million yuan

Jin10 data reported on August 25, Kuai Gou Da Che (02246.HK) announced that the Group expects to record a loss attributable to equity holders of the Company of approximately RMB 100 million to approximately RMB 120 million for the six months ending June 30, 2025, compared to a loss attributable to equity holders of the Company of approximately RMB 82.4 million for the same period in 2024, an increase of approximately 21.4% to 45.7%. The increase in loss attributable to equity holders of the Company is mainly due to the increase in cost of revenue, selling and marketing expenses, general and administrative expenses, and research and development expenses.