Ruqi Travel Projects 132.6% Revenue Growth and Over 40% Profit Improvement in H1 2026
Ruqi Travel has issued its second positive profit forecast for the year, projecting a significant 132.6% year-over-year increase in revenue for the first half of 2026. The company anticipates its total revenue to reach at least 3.9 billion yuan. This substantial growth is primarily attributed to a notable rise in ride-hailing orders and increased revenue from technical services. Furthermore, Ruqi Travel expects its profit to improve by over 40% compared to the same period last year. This improvement is driven by enhanced operational efficiency in its ride-hailing services and an optimized cost structure, alongside the scaling of its technical services business. These factors have collectively boosted the company's gross profit margin. Notably, Ruqi Travel has achieved positive gross profit margins for two consecutive years, in 2024 and 2025.
Ruqi Travel's strong financial projections indicate a successful scaling of its ride-hailing and technical services operations. The company's ability to achieve positive gross margins for multiple consecutive years suggests a maturing business model with improving operational efficiencies and cost management. This trajectory, if sustained, positions Ruqi Travel to capitalize on the growing demand for digitalized transportation and mobility solutions. Future performance will likely depend on navigating competitive market dynamics, regulatory landscapes, and continued technological innovation within the mobility sector. The company's focus on both service volume and technical service revenue diversification presents a potentially resilient strategy against market fluctuations.
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