YTO Express' Revenue Rises 8% in August

MT Newswires Live09-21

YTO Express' (SHA:600233) revenue for express deliveries in August rose 7.95% year on year to 5.82 billion yuan, according to a Shanghai bourse filing on Saturday.

The Chinese logistics company's shares rose 1% during Monday's morning trade.

The number of delivered parcels jumped 13% from a year earlier to 2.84 billion parcels.

The average revenue per parcel fell 4.4% year on year to 2.05 yuan.

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