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Stock impact report

ZTO Reports First Quarter 2024 Unaudited Financial Results

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share. (ZTO) 
Last zto express (cayman) inc. american depositary shares, each representing one class a ordinary share. earnings: 3/16 06:00 pm Check Earnings Report
US:NYSE Investor Relations: zto.investorroom.com
Company Research Source: PR Newswire
Emphasizing Profitable Growth amidst Consumption Mix-shiftAdjusted Net Income Grew 15.8% to RMB2.2 BillionParcel Volume Increased 13.9% to 7.2 BillionSHANGHAI, May 15, 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 first quarter ended March 31, 2024[1]. The Company grew parcel volume by 13.9% year over year while maintaining high quality of service and customer satisfaction. Adjusted net income[2] increased 15.8% to reach RMB2.2 billion. Net cash generated from operating activities was RMB2.0 billion.First Quarter 2024 Financial HighlightsRevenues were RMB9,960.0 million (US$1,379.4 million), an increase of 10.9% from RMB8,983.2 million in the same period of 2023.Gross profit was RMB3,002.1million (US$415.8million), an increase of 19.0% from RMB2,523.4 million in the same period of 2023.Net income was RMB1,447.7 mill Show less Read more
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