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牛头虎虎

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IP属地：湖北

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3主题

0勋章

10-02

真的有点垃圾，中概股走势总是不正常

@拓拔野:$禾赛(HSAI)$ 中概股里面难得下跌的股🤔

08-23

$GD Culture Group Limited(GDC)$ 我擦，这是中概股啊，营收为零，这样暴涨操纵股价没人管吗？

08-22

这篇文章不错，转发给大家看看

Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time

08-22

这篇文章不错，转发给大家看看

Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time

08-22

这篇文章不错，转发给大家看看

Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time

08-19

用

Mpox Vaccine Developer GeoVax Labs' Shares Rise 53.8% Premarket, Tonix Pharmaceuticals up 15.1%, Emergent Bio up 5.2%

05-18

$Faraday Future(FFIE)$ 等6.25退市，庄家太狠了，0.04成本，拉到高位一把出光，+130%打到-40%，太狠了

2022-08-05

$Assure Holdings Corp(IONM)$不知道有没有强平的

2022-08-05

$Assure Holdings Corp(IONM)$这庄家太疯狂了吧，自娱自乐？拉的那么高，成交没多少

2022-08-02

$尚乘数科(HKD)$不能做空吗？太夸张了，15天，最高118倍，只有中国人玩的6666

2022-08-02

$尚乘数科(HKD)$太妖了，7.8到930

2022-02-14

$Bluejay Diagnostics Inc(BJDX)$这跌的不带反弹的

2021-11-29

$Krystal Biotech Inc.(KRYS)$为啥涨这么多？有啥内幕

2021-10-08

$ChemoCentryx(CCXI)$这票太凶了吧，就算是fda批准，直接拉高90%也不太对啊。人家vygr被批准，也不过涨了在50%而已。

2021-10-01

$Fulcrum Therapeutics(FULC)$这是庄股吧？每天自娱自乐，左右倒手

2021-08-27

$Vinco Ventures, Inc.(BBIG)$无法卖空

2021-08-27

$Reneo Pharmaceuticals, Inc.(RPHM)$挂单挂反了，也是日了狗

2021-08-27

$耀世星辉(GSMG)$认购股份1000万美金，市值涨了7000万美金，这生意看着怎么都合算

2021-08-19

$开心汽车(KXIN)$这公司是干嘛的？压根没听说也没见过啊

2021-08-16

$滴滴(DIDI)$网上看到的

去老虎APP查看更多动态

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listText":"真的有点垃圾，中概股走势总是不正常","text":"真的有点垃圾，中概股走势总是不正常","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355835654799680","repostId":"355520845418512","repostType":1,"repost":{"id":355520845418512,"gmtCreate":1727799054687,"gmtModify":1727799056098,"author":{"id":"3481148797461826","authorId":"3481148797461826","name":"拓拔野","avatar":"https://static.tigerbbs.com/67a9593b78528172ba5efe083bc70fd7","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3481148797461826","authorIdStr":"3481148797461826"},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/GDC\">$GD Culture Group Limited(GDC)$ </a> 我擦，这是中概股啊，营收为零，这样暴涨操纵股价没人管吗？","listText":"<a href=\"https://laohu8.com/S/GDC\">$GD Culture Group Limited(GDC)$ </a> 我擦，这是中概股啊，营收为零，这样暴涨操纵股价没人管吗？","text":"$GD Culture Group Limited(GDC)$ 我擦，这是中概股啊，营收为零，这样暴涨操纵股价没人管吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341606297780288","isVote":1,"tweetType":1,"viewCount":1630,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3499720481837702","authorId":"3499720481837702","name":"伊泽瑞尔Ezreal","avatar":"https://static.tigerbbs.com/96c309bce10425964b1c272f576220e6","crmLevel":3,"crmLevelSwitch":0,"idStr":"3499720481837702","authorIdStr":"3499720481837702"},"content":"我昨天盘前就砸了，今天还在涨","text":"我昨天盘前就砸了，今天还在涨","html":"我昨天盘前就砸了，今天还在涨"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":341190541049960,"gmtCreate":1724319100534,"gmtModify":1724319101868,"author":{"id":"3503285182201973","authorId":"3503285182201973","name":"牛头虎虎","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503285182201973","authorIdStr":"3503285182201973"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341190541049960","repostId":"2461566918","repostType":2,"repost":{"id":"2461566918","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1724195520,"share":"https://www.laohu8.com/m/news/2461566918?lang=&edition=full","pubTime":"2024-08-21 07:12","market":"other","language":"en","title":"Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time","url":"https://stock-news.laohu8.com/highlight/detail?id=2461566918","media":"Dow Jones","summary":"Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry. HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited , a global logistics service provider, announced its 2024 interim results for the first half of 2024 . In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year  increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million.During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing cus","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-21 07:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1151":"航空货运与物流","01519":"极兔速递-W"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2461566918","content_text":"J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n\n\n  PR Newswire \n\n\n  HONG KONG, Aug. 20, 2024 \n\n\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n\n\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited (\"J&T Express\" or \"J&T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n\n\n  In H1 2024, all of J&T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n\n\n  During the Period, J&T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n\n\n  Dylan Tey, Chief Financial Officer of J&T Express, commented: \"In the first half of 2024, J&T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n\n\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n\n\n  During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n\n\n  In the first half of the year, J&T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n\n\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n\n\n  J&T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&T's market share reached 27.4%, up 2 percentage points compared to 2023. \n\n\n  In SEA, J&T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n\n\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n\n\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n\n\n  J&T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&T SPEED product in the Middle East. \n\n\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n\n\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n\n\n  J&T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n\n\n  Fan Suzhou, Executive President of J&T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&T's long-term growth objectives.\" \n\n\n  About J&T Express \n\n\n  J&T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n\n\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n\n\n  SOURCE J&T EXPRESS \n\n\n    /CONTACT: sean.jiang@jtexpress.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 20, 2024 19:12 ET (23:12 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":341190462517288,"gmtCreate":1724319090278,"gmtModify":1724319091540,"author":{"id":"3503285182201973","authorId":"3503285182201973","name":"牛头虎虎","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503285182201973","authorIdStr":"3503285182201973"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341190462517288","repostId":"2461566918","repostType":2,"repost":{"id":"2461566918","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1724195520,"share":"https://www.laohu8.com/m/news/2461566918?lang=&edition=full","pubTime":"2024-08-21 07:12","market":"other","language":"en","title":"Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time","url":"https://stock-news.laohu8.com/highlight/detail?id=2461566918","media":"Dow Jones","summary":"Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry. HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited , a global logistics service provider, announced its 2024 interim results for the first half of 2024 . In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year  increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million.During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing cus","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-21 07:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1151":"航空货运与物流","01519":"极兔速递-W"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2461566918","content_text":"J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n\n\n  PR Newswire \n\n\n  HONG KONG, Aug. 20, 2024 \n\n\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n\n\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited (\"J&T Express\" or \"J&T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n\n\n  In H1 2024, all of J&T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n\n\n  During the Period, J&T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n\n\n  Dylan Tey, Chief Financial Officer of J&T Express, commented: \"In the first half of 2024, J&T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n\n\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n\n\n  During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n\n\n  In the first half of the year, J&T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n\n\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n\n\n  J&T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&T's market share reached 27.4%, up 2 percentage points compared to 2023. \n\n\n  In SEA, J&T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n\n\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n\n\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n\n\n  J&T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&T SPEED product in the Middle East. \n\n\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n\n\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n\n\n  J&T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n\n\n  Fan Suzhou, Executive President of J&T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&T's long-term growth objectives.\" \n\n\n  About J&T Express \n\n\n  J&T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n\n\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n\n\n  SOURCE J&T EXPRESS \n\n\n    /CONTACT: sean.jiang@jtexpress.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 20, 2024 19:12 ET (23:12 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":341190493417688,"gmtCreate":1724319009777,"gmtModify":1724319011694,"author":{"id":"3503285182201973","authorId":"3503285182201973","name":"牛头虎虎","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503285182201973","authorIdStr":"3503285182201973"},"themes":[],"htmlText":"这篇文章不错，转发给大家看看","listText":"这篇文章不错，转发给大家看看","text":"这篇文章不错，转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341190493417688","repostId":"2461566918","repostType":2,"repost":{"id":"2461566918","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1724195520,"share":"https://www.laohu8.com/m/news/2461566918?lang=&edition=full","pubTime":"2024-08-21 07:12","market":"other","language":"en","title":"Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time","url":"https://stock-news.laohu8.com/highlight/detail?id=2461566918","media":"Dow Jones","summary":"Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry. HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited , a global logistics service provider, announced its 2024 interim results for the first half of 2024 . In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year  increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million.During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing cus","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-21 07:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J&amp;T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n</p>\n<p>\n  PR Newswire \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 \n</p>\n<p>\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n</p>\n<p>\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&amp;T Global Express Limited (\"J&amp;T Express\" or \"J&amp;T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&amp;T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n</p>\n<p>\n  In H1 2024, all of J&amp;T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n</p>\n<p>\n  During the Period, J&amp;T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n</p>\n<p>\n  Dylan Tey, Chief Financial Officer of J&amp;T Express, commented: \"In the first half of 2024, J&amp;T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n</p>\n<p>\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n</p>\n<p>\n  During the Period, J&amp;T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&amp;T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&amp;T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&amp;T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n</p>\n<p>\n  In the first half of the year, J&amp;T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n</p>\n<p>\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n</p>\n<p>\n  J&amp;T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&amp;T's market share reached 27.4%, up 2 percentage points compared to 2023. \n</p>\n<p>\n  In SEA, J&amp;T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n</p>\n<p>\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n</p>\n<p>\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n</p>\n<p>\n  J&amp;T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&amp;T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&amp;T SPEED product in the Middle East. \n</p>\n<p>\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n</p>\n<p>\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n</p>\n<p>\n  J&amp;T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n</p>\n<p>\n  Fan Suzhou, Executive President of J&amp;T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&amp;T's long-term growth objectives.\" \n</p>\n<p>\n  About J&amp;T Express \n</p>\n<p>\n  J&amp;T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&amp;T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&amp;T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n</p>\n<p>\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n</p>\n<p>\n  SOURCE J&amp;T EXPRESS \n</p>\n<p>\n    /CONTACT: sean.jiang@jtexpress.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2024 19:12 ET (23:12 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1151":"航空货运与物流","01519":"极兔速递-W"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2461566918","content_text":"J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time \n\n\n  PR Newswire \n\n\n  HONG KONG, Aug. 20, 2024 \n\n\n  Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry \n\n\n  HONG KONG, Aug. 20, 2024 /PRNewswire/ -- J&T Global Express Limited (\"J&T Express\" or \"J&T\" or \"the Company\", stock code: 01519), a global logistics service provider, announced its 2024 interim results for the first half of 2024 (\"H1 2024\" or \"the Period\"). In the first half of the year, J&T's revenue reached US$4.86 billion, representing a year-over-year (\"YoY\") increase of 20.6%. Revenue of its core business, express delivery services, reached US$4.74 billion, marking a YoY increase of 33.7%. Gross profit showed a YoY increase of 176.8% to US$540 million. \n\n\n  In H1 2024, all of J&T's profit metrics swung to positive. The Company reported a net profit of US$31.026 million, a significant turnaround compared to the loss of US$670 million over the same period last year. Adjusted net profit was US$63.248 million, compared to a loss of US$260 million over the same period last year. Adjusted EBITDA soared by 795.6% to reach US$350 million. Adjusted EBIT also turned positive and reached US$120 million, underlining a healthy and sustainable level of profitability. \n\n\n  During the Period, J&T's total parcel volume increased by 38.3% YoY to 11.01 billion. The business scale of all operating regions continued to expand, with parcel volume consistently achieving double-digit growth. In Southeast Asia (\"SEA\"), parcel volume increased by 42% YoY to 2.04 billion, raising its market share to 27.4%. In China, parcel volume grew by 37% to 8.84 billion. In newer markets such as Saudi Arabia and Mexico (\"New Markets\"), parcel volume surged approximately 64% to 140 million. \n\n\n  Dylan Tey, Chief Financial Officer of J&T Express, commented: \"In the first half of 2024, J&T's total revenue increased by over 20% YoY, primarily driven by the growth in express delivery services across 13 countries. With the business in China achieving profitability for the first time, the Company's adjusted EBIT turned positive for the first time. We maintained a healthy and sustainable profitability in Southeast Asia. In New Markets, we achieved a significant increase in revenue and reduction of EBIT loss, driven primarily by strong parcel volume growth, as well as continuous management refinement and operational optimization.\" \n\n\n  China's parcel volume growth leads the industry; cost per parcel reduction drives adjusted EBIT to profitability for the first time \n\n\n  During the Period, J&T's market share continued to rise, with a 37% YoY growth in parcel volume outpacing its peers. J&T's market share, in terms of parcel volume in China, reached 11%, up 1.1 percentage points YoY. This was primarily driven by J&T seizing the growth opportunities brought by the rapid growth of social e-commerce and enhancing customer acquisition with cost-effective services. At the same time, J&T continued to explore its business development in China's lower-tier markets, cooperating with a number of e-commerce platforms to undertake consolidation delivery business targeting at remote areas, thereby helping e-commerce vendors and e-commerce platforms to expand to areas that were originally difficult to reach.\" \n\n\n  In the first half of the year, J&T revenue in the Chinese market was approximately US$3 billion, a year-on-year increase of about 36%. The adjusted EBITDA reached US$200 million, and the adjusted EBIT turned positive for the first time, reaching US$59.595 million. This is mainly due to the Company's relatively stable revenue per parcel in the first half of the year, with the unit cost per parcel of express delivery continuing to decline. Specifically, the unit cost per parcel dropped by about 6% to US$0.32. Benefited from to the continuous implementation of refined management and operational optimization in each process in China, which has continually enhanced the strength and efficiency of our entire network. \n\n\n  Maintaining its lead in SEA for four consecutive years with growing market share; continually optimizing service quality \n\n\n  J&T's full coverage and well-established logistics network in SEA, as well as its cost-effective services and strong customer relationships, have continued to serve as competitive advantages. As a result, the Company's parcel volume in the region increased by 42% YoY. J&T's market share reached 27.4%, up 2 percentage points compared to 2023. \n\n\n  In SEA, J&T continues to seize opportunities in the e-commerce market and actively develop non-e-commerce platform customers. The Company also benefits from both the overall rise in e-commerce volume and the emergence of social commerce, while maintaining a strong commitment to service quality. In H1 2024, the Company's average parcel delivery time in SEA was shortened by 13.8% YoY. \n\n\n  In the first half of 2024, revenue of the Company's SEA operations increased by 22% to US$1.52 billion, adjusted EBITDA grew by 13% to US$210 million, and adjusted EBIT grew by 46% YoY to reach US$130 million. \n\n\n  New Markets business maintained rapid growth and actively expands local e-commerce customer base \n\n\n  J&T continues to penetrate new markets, rapidly expanding its business scale. The volume of packages in J&T new markets is growing at a high speed. While maintaining close cooperation with Chinese cross-border e-commerce platforms, we are actively developing and maintaining good relationships with major local e-commerce platforms such as Noon in the Middle East and Salla in Saudi Arabia. At the same time, the demand for parcel services from individual customers and commercial organizations in new markets is increasing. To better serve this need, we have launched the J&T SPEED product in the Middle East. \n\n\n  In 1H 2024, revenue from new markets reached US$290 million, representing a near 1.2x YoY increase. This growth was fuelled primarily by a 64% YoY surge in regional parcel volume. During the Period, gross profit turned positive, reaching US$35.022 million, while the adjusted EBITDA loss narrowed significantly to US$7.84 million compared to the same period last year. \n\n\n  Continue to Enhance Service Experience: Solidifying the Path to Global Development \n\n\n  J&T is committed to providing customers with an enhanced logistics service experience by continuously building its own sorting centers, enhancing the efficiency of self-operated transportation fleets, and investing in automated equipment across various markets. As of 30 June 2024, the Company had approximately 8,000 network partners and around 19,900 outlets. The Company operated 237 sorting centers equipped with 254 automated sorting lines. Its transportation network comprised over 4,100 line-haul routes, utilizing more than 9,900 vehicles, including over 5,700 that were company-owned. \n\n\n  Fan Suzhou, Executive President of J&T Express, stated: \"We achieved profitability for the first time during this financial period, laying a more solid foundation for the Company's healthy and long-term development. Our strategic goal is to build an express delivery network that serves countries around the world, catering not only to international e-commerce platforms but also to local e-commerce and non-platform customers. This will enable us to establish long-term competitive advantages through a comprehensive network, cost-effective solutions, and excellent services. Looking ahead, we will closely monitor global market dynamics and carefully select the timing and methods for entering related markets. We firmly believe that through hard work and continuous innovation, we will better serve global customers and achieve J&T's long-term growth objectives.\" \n\n\n  About J&T Express \n\n\n  J&T Express is a global logistics service provider with leading express delivery businesses in China  and Southeast Asia, the largest and fastest-growing market in the world. Founded in 2015, J&T Express' network spans thirteen countries, including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the UAE, Mexico, Brazil and Egypt. Adhering to its \"customer-oriented and efficiency-based\" mission, J&T Express is committed to providing customers with integrated logistics solutions through intelligent infrastructure and digital logistics network, as part of its global strategy to connect the world with greater efficiency and bring logistical benefits to all. \n\n\n   View original content to download multimedia:https://www.prnewswire.com/news-releases/jt-express-turns-to-net-profit-in-h1-2024--china-market-turns-profitable-for-first-time-302226959.html \n\n\n  SOURCE J&T EXPRESS \n\n\n    /CONTACT: sean.jiang@jtexpress.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 20, 2024 19:12 ET (23:12 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":340045915304168,"gmtCreate":1724059778970,"gmtModify":1724059780632,"author":{"id":"3503285182201973","authorId":"3503285182201973","name":"牛头虎虎","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503285182201973","authorIdStr":"3503285182201973"},"themes":[],"htmlText":"用","listText":"用","text":"用","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340045915304168","repostId":"2460700810","repostType":2,"repost":{"id":"2460700810","kind":"live","pubTimestamp":1724057945,"share":"https://www.laohu8.com/m/news/2460700810?lang=&edition=full","pubTime":"2024-08-19 16:59","market":"us","language":"en","title":"Mpox Vaccine Developer GeoVax Labs' Shares Rise 53.8% 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up 5.2%</p>\n\n<a href=\"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20240819:nFWN3K501W:2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TNXP":"Tonix Pharmaceuticals Holding Co","BK4139":"生物科技","GOVX":"GeoVax Labs Inc","BK4583":"猴痘概念","EBS":"Emergent Biosolutions"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20240819:nFWN3K501W:2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2460700810","content_text":"Mpox Vaccine Developer GeoVax Labs' Shares Rise 53.8% Premarket, Tonix Pharmaceuticals up 15.1%, Emergent Bio up 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等6.25退市，庄家太狠了，0.04成本，拉到高位一把出光，+130%打到-40%，太狠了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/306996720644384","isVote":1,"tweetType":1,"viewCount":2116,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4103686842895780","authorId":"4103686842895780","name":"取好好听的名字","avatar":"https://static.tigerbbs.com/ed43cfb9e8dc4586be87bda011d590ca","crmLevel":5,"crmLevelSwitch":0,"idStr":"4103686842895780","authorIdStr":"4103686842895780"},"content":"大庄家货出完了，现在该小散户自己玩了","text":"大庄家货出完了，现在该小散户自己玩了","html":"大庄家货出完了，现在该小散户自己玩了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":685505332,"gmtCreate":1659695593229,"gmtModify":1659695593229,"author":{"id":"3503285182201973","authorId":"3503285182201973","name":"牛头虎虎","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3503285182201973","authorIdStr":"3503285182201973"},"themes":[],"htmlText":"<a 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