Elite Express Holding Inc. reported a 7.4% increase in revenue for the quarter ended August 31, 2025, reaching $633,865. Despite a net loss of $185,881, the company’s CEO, Yidan Chen, highlighted the growth in revenue and the achievement of the first quarterly gross profit since becoming a publicly listed company. Looking ahead, the company aims to expand its fleet, leverage technology, and diversify beyond FedEx. For the nine months ended August 31, 2025, revenue increased by 7.8% to $1,956,258, with a net loss of $498,484. The company remains focused on operational efficiency and growth opportunities.
Read more at GlobeNewswire: Elite Express Holding Inc. Announces Third Quarter 2025