YTO Express Group H1 Profit Down 8%, Revenue Up 10%

MT Newswires Live08-28

YTO Express (SHA:600233) posted first-half attributable net profit of 1.83 billion yuan, down 7.9% from 1.99 billion yuan the previous year.

Earnings per share slipped to 0.5312 yuan from 0.5773 yuan, according to a filing with the Shanghai bourse.

Operating revenue rose 10% year over year to 35.9 billion yuan from 32.6 billion yuan.

Shares of the logistics company rose 2% in recent trade.

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