Quhuo Ltd. (QH) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Quhuo Ltd., a leader in China’s gig economy, has reported a successful fiscal year with a significant increase in revenues from vehicle export solutions and a transition to profitability, marking a year-over-year net income increase. The company’s operational efficiency improvements have led to reduced general and administrative expenses and consistent positive EBITDA for the latter half of the year. Quhuo’s strategic expansion into vehicle exports and SaaS+ services has positioned it for future large-scale partnerships and service area expansion.
For further insights into QH stock, check out TipRanks’ Stock Analysis page.