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Cheetah Net Supply Chain Service Inc. made about $3.56 million in sales last quarter but faced an operating loss.

ResultsRead the original at SEC EDGAR
Neutral

CTNT's new trading business lifted sales and its operating loss narrowed, but logistics sales fell to zero and its total loss grew. The results point in different directions, so they do not show a clear change in its outlook.

CTNT · Cheetah Net Supply Chain Service Inc.

AI read · Neutral

The AI's read

The new trading business brought in sales after Cheetah bought Super International Trading, adding another source of business. The operating loss also narrowed, partly because last year's impairment charge did not recur. But logistics sales fell to zero, and the total loss grew, mainly due to a loss from a change in the value of an acquisition-related asset. These results point in different directions.

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