Zto Express (Cayman), Inc. Sponsored Adr Class A (ZTO) has released an update.
ZTO Express (Cayman) Inc. has reported a robust first quarter in 2024, with a notable 13.9% increase in parcel volume and a 15.8% surge in adjusted net income, reaching RMB 2.2 billion. Despite a competitive market and a shift towards lower-priced parcels, the company has emphasized profitable growth, leading to a rise in profit share among industry peers while maintaining service quality and customer satisfaction.
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