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Tuhu Car Maintenance's revenue in 2024 is 14.8 billion yuan, with a net profit of 624 million yuan, a year-on-year increase of 30%.
On March 20, Jinshi Data reported that Tuhu-W (09690.HK) released its 2024 performance, with an annual revenue of 14.8 billion yuan (RMB, the same below), a year-on-year rise of 8.5%, in line with consensus expectations; adjusted net profit reached 624 million yuan, a year-on-year rise of 29.7%, far exceeding the consensus expectation of 580 million yuan. As of the end of last year, Tuhu had 6,874 service stations, a net increase of 965 year-on-year; the total number of registered users approached 140 million, a year-on-year rise of 20.4%.