LC Logistics Reports Increased Revenue but Lower Profit

LC Logistics, Inc (HK:2490) has released an update.

LC Logistics, Inc. has released its interim financial results for the first half of 2024, revealing a revenue increase to RMB 754.2 million and a profit of RMB 12.8 million, with a basic earnings per share of RMB 0.03. Despite higher revenues, the profit has notably decreased from the previous year’s RMB 105.055 million. The company also reported a container shipping volume of 140,355 TEUs in their cross-border logistics services.

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