Chagee Holdings Restricted (NASDAQ: CHA), a China-based restaurant chain that serves premium tea drinks, on Friday reported decrease revenues and earnings for the third quarter of fiscal 2025.
- Web revenues declined to RMB3.2 billion (US$450.7 million) from RMB3.5 billion within the prior-year quarter
- Web revenue, on a reported foundation, got here in at RMB397.9 million (US$55.9 million), vs. RMB646.6 million in Q3 2024
- Adjusted revenue dropped to RMB502.8 million (US$70.6 million) in Q3 from RMB646.6 million within the comparable quarter final 12 months
- Working revenue totaled RMB454.4 million (US$63.8 million) within the September quarter, in comparison with RMB794.3 million within the year-ago quarter
- Third-quarter working margin declined sharply to 14.2% from 22.4% within the year-ago interval
- There have been 7,338 teahouses inside Chagee’s teahouse community in Larger China and abroad as of September 30, 2025, representing a 26% enhance YoY
- In the course of the quarter, the corporate generated whole GMV of RMB7.93 billion, in comparison with RMB8.30 billion in the identical quarter of 2024
- The Chagee board has approved a particular dividend distribution of round US$177 million
