Qeeka Home Reports 27.1% Revenue Decline and 70.4% Reduced Net Loss for H1 2025
Reuters
Aug 28
<a href="https://laohu8.com/S/01739">Qeeka Home</a> Reports 27.1% Revenue Decline and 70.4% Reduced Net Loss for H1 2025
Qeeka Home (Cayman) Inc. reported its unaudited interim results for the six months ended June 30, 2025. The company experienced a 27.1% decline in total revenue year-over-year, amounting to approximately RMB423.2 million. This decrease was primarily driven by a 22.6% drop in revenue from SaaS and Marketing Service to approximately RMB134.9 million, and a 47.3% decline in revenue from Interior Design and Construction service to approximately RMB203.1 million. Conversely, the International Service Business saw a significant increase in revenue, up by 603.4% to approximately RMB80.4 million. The company reported a net loss attributable to equity holders of RMB14.4 million, a 70.4% improvement compared to the net loss of RMB48.7 million in the same period last year. However, the adjusted net loss attributable to equity holders widened to RMB43.5 million from RMB12.8 million, marking a 239.9% increase. These results highlight the company's efforts towards building a "second growth curve," which is beginning to show results, despite the overall revenue decline.
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