tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cheetah Net Supply Chain’s Strategic Shift to Logistics

Cheetah Net Supply Chain’s Strategic Shift to Logistics

Cheetah Net Supply Chain Service, Inc. Class A ( (CTNT) ) has released its Q2 earnings. Here is a breakdown of the information Cheetah Net Supply Chain Service, Inc. Class A presented to its investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Cheetah Net Supply Chain Service, Inc., a company operating in the logistics and warehousing sector, is transitioning from its previous focus on parallel-import vehicle sales to logistics and warehousing services. The latest earnings report highlights a significant increase in revenue, reaching $833,925 for the first half of 2025, compared to $170,397 in the same period of 2024, primarily due to the acquisition of TWEW. Despite the revenue growth, the company reported a net loss of $1.27 million for the six months ended June 30, 2025, reflecting the costs associated with its strategic shift and ongoing operational expenses. The company is focusing on improving operational efficiencies and expanding its market presence in the logistics sector, with management optimistic about the potential for future growth as it continues to adapt its business model.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1