ZTO Reports Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
NASDAQ:AMEX Investor Relations:
hkexgroup.com/investor-relations?sc_lang=en
Company Research
Source: Yahoo! Finance
SHANGHAI Nov. 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) , a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the third quarter ended September 30, 2024 [1] . The Company grew parcel volume by 15.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income increased 2.0% [2] to reach RMB2,387.3 million . Cash generated from operating activities was RMB3,112.0 million Third Quarter 2024 Financial Highlights Revenues were RMB10,675.0 million US$1,521.2 million ), an increase of 17.6% from RMB9,075.9 million in the same period of 2023. Gross profit was RMB3,334.8 million US$475.2 million ), an increase of 23.2% from RMB2,706.4 million in the same period of 2023. Net income was RMB2,379.0 million US$339.0 million ), an increase of 1.3% from RMB2,349.6 million in the same period of 2023. Adjusted EBITDA [3] was R
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