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Stock impact report

ZTO Reports Third 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
Robust Profitability amidst Consumption Mix-shiftAdjusted Net Income Grew 2.0% to RMB2.4 BillionParcel Volume Increased 15.9% to 8.7 BillionSHANGHAI, 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 HighlightsRevenues 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 mil Show less Read more
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