BRIEF: ZTO’s profit rises 5% as company cuts full-year volume guidance
Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) reported on Wednesday that its revenue rose 11.1% year-on-year in the third quarter to 11.9 billion yuan ($1.67 billion), while its net…
ZTO fights for market share as parcel pace slows
The Chinese logistics giant posted higher quarterly revenues and profits, but a moderating growth rate for parcel deliveries was a red flag for investors Key Takeaways: ZTO’s parcel volume grew…
FAST NEWS: ZTO Express’ market share falls, even as parcel volume grows
The Latest: Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) reported Tuesday its net profit rose 3.3% year-over-year to 2.6 billion yuan ($366 million) in the second quarter, while its non-GAAP net profit…
J&T ditches low-price strategy to focus on customized deliveries
The upstart logistics provider has moved on from its controversial pricing-based strategy, as it continues to log rapid growth Key Takeaways: J&T’s average daily parcel volume in China rose 36.3%…
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…
ZTO momentum slows in third quarter as headwinds build
The delivery company’s revenue and profit both rose year-on-year despite China’s economic slowdown, but both figures were down from the second quarter Key Takeaways: ZTO earned 2.35 billion yuan in…
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%…
Recent Articles
RELATED ARTICLES
-
ZTO waits for ebb of ‘race to the bottom’ in struggle to balance revenue, profits
2057.HKZTO.US -
NEWS WRAP: J&T Express posts revenue, profit gains as Southeast Asia unit booms
1519.HK
-
BRIEF: S.F. Holding’s revenue rises in May on shopping festival boost
6936.HK002352.SHE
-
BRIEF: EHang reports wider loss, slashes 2025 revenue guidance
EH.US
-
Full Truck Alliance gets new lesson in economics
YMM.US
-
BRIEF: Agile’s October sales rise month-on-month, but fall year-on-year
3383.HK
