24.08.2022
Artikel Nummer: 41726
More parcels for ZTO Express
In China, ZTO Express has reported its Q2/2022 results. The CEP's total revenues were RMB 8.66 billion (USD 1.3 billion) in Q2/2022, a rise of 18.2% from the same period in 2021. Gross profit was RMB 2.2 billion (USD 328.9 million), an uptick of 31.6% from H1/2021.
The core express delivery service segment was particularly successful, with revenues increasing by 19.2%. Parcel volumes grew by 7.5% to 6.2 million (5.8 million), while revenues from ZTO’s freight forwarding services increased to RMB 330 million (USD 49.3 million), up 5.2%.
The company said that it has expanded its market share by 2 percentage points to 23% despite the adverse impact from shutdowns and anti-pandemic measures. (sh)