Net profit of YTO Express soars in H1

Net profit of YTO Express soars in H1

The operating income of YTO Express reached 25 billion yuan (US$3.8 billion) in H1, up 28.9 percent, while the net profit attributable to shareholders was about 1.8 billion yuan, up 174 percent.

In Q2, YTO realized a net profit of 900 million yuan, up 227 percent. The net profit attributable to shareholders after deducting non-recurring gains and losses was 878 million yuan, up 244 percent.

In Q1, YTO ranked second among domestic express delivery companies with a net profit of 870 million yuan, up 218.84 percent.

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