Parcel Volume Growth
ZTO's total parcel volume reached 8.72 billion, representing a 15.9% year-over-year growth.
Adjusted Net Profit Increase
The adjusted net profit for the quarter was CNY 2.39 billion, maintaining profitability ahead of peers.
Retail Parcel Growth
Retail parcels grew over 40% year-over-year, driven by partnerships with e-commerce platforms.
Revenue Increase
Total revenue increased 17.6% to CNY 10.7 billion.
Cost Efficiency Gains
Unit cost of line-haul transportation decreased by 9.7%, and unit sorting costs decreased by 6.4%.
Gross Profit and Margin Improvement
Gross profit increased by 23.2% to CNY 3.3 billion, and gross profit margin improved by 1.4 points to 31.2%.