Competition in the transportation industry has led to price pressure, and Dida Chuxing's adjusted net profit in 2025 is expected to decrease by 32%~38% year-on-year.

NightAirdropper · 2026-03-09T00:12:05+00:00

Dida Chuxing releases earnings announcement, expecting revenue to decline by 33% to 39% in 2025, and adjusted net profit to decrease by 32% to 38%. The decline in performance is mainly due to macroeconomic pressures and intensified industry competition leading to a reduction in carpooling business volume. At the same time, the company will no longer hold preferred shares in 2025, and the related impact will no longer exist.

NightAirdropper

2026-03-09 00:12:05

Abstract generation in progress

On March 6, Dida Chuxing (02559.HK) released its earnings announcement on the Hong Kong Stock Exchange. Revenue for 2025 is expected to be between HKD 477 million and HKD 528 million, a year-on-year decrease of 33% to 39%. Adjusted net profit is projected to be between HKD 131 million and HKD 145 million, down 32% to 38% year-on-year.

The board stated that the decline in performance is mainly due to macroeconomic pressures and intense competition in the transportation industry, which have led to price pressures, resulting in a decrease in carpooling business volume and order completions. Additionally, the shareholder’s profit attributable to the company in 2024 was affected by significant changes in the fair value of preferred shares. However, in 2025, the company no longer holds preferred shares, so this factor is no longer reflected.

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