ZTO Express Reports Mixed Mid-Year Financials

ZTO Express (Cayman), Inc. Class A (HK:2057) has released an update.

ZTO Express (Cayman) Inc. has announced its unaudited interim financial results for the first half of 2024, noting a revenue increase of 10.5% compared to the same period in 2023, although net income saw a slight decrease of 3.2%. The company, which operates with a weighted voting rights structure and is listed on the New York Stock Exchange under the symbol ZTO, emphasized its strong performance with a 14% rise in adjusted EBITDA, highlighting the underlying business operations.

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