FAST NEWS: J&T’s loss narrows on strong Southeast Asia business
The latest: Logistics provider J&T Global Express Ltd. (1519.HK) announced Friday its non-GAAP adjusted loss last year narrowed 71% to 432 million yuan ($60 million). Looking up: J&T‘s revenue grew 21.8%…
FAST NEWS: ZTO Express profit rises despite lower revenue per order
The latest: Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) reported Wednesday its annual net profit rose 28.5% year-over-year to 8.76 billion yuan ($1.22 billion) in 2023, while its non-GAAP net profit rose…
FAST NEWS: J&T Global stands still in IPO trading debut
The latest: Shares of Chinese logistics provider J&T Global Express Ltd. (1519.HK) opened at HK$12 in their Friday trading debut, unchanged from their IPO price. Looking up: The local portion…
FAST NEWS: ZTO Express posts big profit growth, raises full-year delivery guidance
The latest: Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) announced Thursday its first-quarter revenue rose 13.7% year-over-year to 8.98 billion yuan ($1.34 billion), while its net profit jumped 90.2%…
FAST NEWS: JD Logistics swings to adjusted profit on strong revenue growth
The latest: Logistics services provider JD Logistics Inc. (2618.HK) announced on Thursday its revenue rose 31.2% to 137.4 billion yuan ($19.7 billion) last year, as its net loss narrowed 93%…
ZTO Express Delivers Exceptional Profits for Investors
The company was the most profitable in China’s ultra-competitive parcel delivery industry during the third quarter Key Takeaways:ZTO Express’ revenue grew much faster than its operating costs in the third…
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