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An update from J&T Global Express Limited ( (HK:1519) ) is now available.
J&T Global Express Limited announced its audited consolidated results for the fiscal year ending December 31, 2024, reporting significant financial improvements. The company achieved a 15.9% increase in revenue to USD 10.26 billion, with express delivery services contributing a 23.4% rise. The company turned around its operating and net profit positions, reporting an operating profit of USD 210.54 million and a net profit of USD 113.70 million, compared to losses in the previous year. These results reflect a strong recovery and improved operational efficiency, positioning J&T favorably within the express delivery market.
More about J&T Global Express Limited
J&T Global Express Limited is a company incorporated in the Cayman Islands with limited liability, operating in the express delivery services industry. The company is controlled through weighted voting rights and is listed on the Hong Kong Stock Exchange under the stock code 1519.
YTD Price Performance: -2.28%
Average Trading Volume: 19,684,624
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$53.31B
See more insights into 1519 stock on TipRanks’ Stock Analysis page.