STO Express Logs 14% Rise in November Express Logistics Revenue

MT Newswires Live2024-12-20

STO Express (SHE:002468) posted a 14% year-over-year rise to 4.53 billion yuan in express service revenue in November.

Completed business volume climbed 21% to 21.82 billion tickets, while revenue per express delivery service declined 5.5% to 2.08 yuan, according to a Friday filing with the Shenzhen bourse.

Shares of the logistics services provider rose over 3% in recent trade.

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