Chagee Q2 Non-GAAP Earnings Fall, Revenue Rises; Shares Down Pre-Bell
MT newswire2026/08/28 11:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:26 AM EDT, 08/28/2026 (MT Newswires) -- Chagee (CHA) reported Q2 non-GAAP net income Friday of 2.54 Chinese renminbi ($0.38) per diluted share, down from 3.30 renminbi a year earlier. Net revenue for the quarter ended June 30 was 3.41 billion renminbi, up from 3.33 billion renminbi a year earlier. Three analysts polled by FactSet expected 3.58 billion renminbi. The company's shares were down 3.4% in premarket activity.
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