BRIEF: YTO International loss widens on volatility in international freight market
Logistics company YTO International Express and Supply Chain Technology Ltd. (6123.HK; 600233.SH) on Friday said its net loss widened last year, as its freight business suffered from volatility in the international market and it scaled back its less-profitable non-core businesses.
The company said it expects to report a net loss of between HK$145 million ($18.5 million) and HK$154 million for 2025, compared with a loss of HK$42 million in 2024. It said a major factor behind the widening loss was volatility in both demand and pricing in the international freight market last year due to uncertainties created by changing tariff policies.
YTO International’s shares rose 5.4% on Monday to close at HK$1.17. The stock is down 2.5% over the last year.
By Doug Young
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