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JD Logistics Reports Strong Financial Growth for Deppon Logistics in 2024

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JD Logistics Reports Strong Financial Growth for Deppon Logistics in 2024

Confident Investing Starts Here:

JD Logistics, Inc. ( (HK:2618) ) has provided an announcement.

JD Logistics, Inc. announced key financial results for its subsidiary, Deppon Logistics Co., Ltd., for the year ended December 31, 2024. Deppon reported a revenue increase of 11.26% to RMB 40.36 billion and a 15.41% rise in net profit attributable to shareholders, reaching RMB 860.60 million. The financial performance highlights Deppon’s growth trajectory and improved profitability, which could enhance JD Logistics’ position in the logistics industry and provide positive implications for shareholders and investors.

More about JD Logistics, Inc.

JD Logistics, Inc. is a logistics company incorporated in the Cayman Islands, focusing on providing comprehensive supply chain solutions. It operates through its subsidiaries and consolidated affiliated entities, with a market presence that includes a listing on the Hong Kong Stock Exchange.

YTD Price Performance: -5.16%

Average Trading Volume: 14,690,772

Technical Sentiment Signal: Buy

Current Market Cap: HK$79.2B

See more insights into 2618 stock on TipRanks’ Stock Analysis page.

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