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ZTO Express (ZTO) Q2 adjusted net income up 50.3%

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ZTO
ZTO ZTO Express (Cayman) Inc ADR
$23.13 +0.96%
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  1. 1ZTO Express (ZTO) Q2 adjusted net income of 3.1 billion yuan, up 50.3% year-on-year
  2. 2Parcel volume of 10.49 billion units (+6.5%) and revenue of 14.5 billion yuan (+23%), reflecting a 344.3 million yuan tax refund
  3. 3Updates full-year parcel volume growth guidance to 6–10%, a conservative outlook reflecting industry adjustments and economic conditions

This 3-line summary is compiled from the report below.

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