
Chagee Holdings’ net revenue up by 35.4% YoY in Q1
Earnings per share stood at RMB3.92 (US$0.54).
Chagee Holdings Limited reported a 35.4% year-on-year (YoY) rise in total net revenue to RMB3.39b (US$467.5m) for the first quarter ended 31 March 2025, according to its unaudited financial results.
Net income was at RMB677.3m (US$93.3m), representing a net income margin of 20%.
The company's operating income was RMB820.8m (US$113.1m), representing an operating margin of 24.2%
Earnings per share stood at RMB3.92 (US$0.54).
The company said it had 6,681 teahouses in operation across Greater China and overseas, representing 63.6% growth in the number of teahouses.