J&T Express-W Reports Fiscal Year Results: Net Profit Surges 98.2% to $225 Million, Parcel Volume Exceeds 30 Billion

Stock News03-30

J&T Express-W (01519) announced its full-year results for the period ending December 31, 2025. The group reported revenue of $12.158 billion, an increase of 18.5% year-over-year. Net profit reached $225 million, surging 98.2% compared to the previous year. Gross profit stood at $1.463 billion, up 35.7% year-over-year.

The company's express delivery operations span 13 countries, including seven in Southeast Asia (Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, and Singapore), China, and five new markets (Saudi Arabia, the UAE, Mexico, Brazil, and Egypt). J&T Express began its express delivery business in Indonesia in 2015. As a vast archipelago with over 17,000 islands, many of which are widely dispersed and remote, Indonesia presented significant logistical challenges during the initial phase of operations.

After overcoming these challenges, the company expanded into Vietnam and Malaysia in 2018, followed by the Philippines, Thailand, and Cambodia in 2019. In 2020, it entered Singapore and, in March of the same year, launched operations in China. Building on its success in other markets, the company further expanded into Saudi Arabia, the UAE, Mexico, Brazil, and Egypt in 2022.

In 2025, the company handled a total of 30.13 billion parcels, representing a 22.2% increase year-over-year. As of December 31, 2025, it operated approximately 19,300 service outlets, an increase of 200 from the previous year. It also managed 246 transit centers, up by 8, and utilized 413 automated sorting lines, an increase of 134. The company operated over 13,300 line-haul vehicles, including more than 8,500 owned vehicles, reflecting increases of 1,380 and 1,880 vehicles, respectively, compared to the prior year.

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