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JD Logistics, Inc. ( (HK:2618) ) has shared an announcement.
JD Logistics has alerted investors that its subsidiary Deppon Logistics expects to swing from profit to a significant loss in 2025, forecasting an unaudited net loss attributable to shareholders of between RMB439 million and RMB539 million, compared with a profit of RMB860.6 million in 2024, and a similar reversal after excluding non-recurring items. Management attributed the deterioration primarily to intensified pricing pressure as customers push harder to cut logistics costs, alongside deliberate increases in spending on transport capacity, frontline manpower and employee benefits to safeguard service levels during peak periods and strengthen core product competitiveness; while these moves are weighing on near-term earnings, the company says they are improving customer experience indicators and are intended to support Deppon’s long-term sustainable development, with the impact confined to Deppon and prepared under PRC accounting standards rather than JD Logistics’ IFRS-based group reporting.
The most recent analyst rating on (HK:2618) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on JD Logistics, Inc. stock, see the HK:2618 Stock Forecast page.
More about JD Logistics, Inc.
JD Logistics, Inc. is a China-based logistics services provider listed in Hong Kong, operating through subsidiaries and consolidated affiliated entities that offer integrated transportation, warehousing and delivery solutions. Its market presence includes a controlling stake in Deppon Logistics Co., Ltd., a Shanghai-listed company focused on freight, express and integrated logistics services across China.
Average Trading Volume: 8,876,921
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$76.82B
Learn more about 2618 stock on TipRanks’ Stock Analysis page.