J&T Express reported a 15.9% year-over-year revenue increase to $10.26 billion. The xxx video sexcompany’s total parcel volume surged 31% to 24.65 billion packages. Revenue from its core express delivery business reached $9.98 billion, up 23.4% from the previous year. J&T Express achieved a net profit of $110 million in 2024, reversing its 2023 net loss of $1.16 billion. Adjusted net profit stood at $200 million, exceeding market expectations. The company’s adjusted EBITDA soared 430.5% to $780 million, while adjusted EBIT turned positive at $300 million. For the first time, J&T’s adjusted EBIT in China was positive at $150 million, compared to a $240 million loss in 2023. In the Southeast Asian market, its adjusted EBIT rose 48.9% year-over-year to $300 million. J&T’s new markets, including Saudi Arabia and the UAE, recorded an adjusted EBIT loss of $76.47 million in 2024, narrowing from a $110 million loss the year before. [iThome, in Chinese]
Related Articles
2025-06-26 19:05
1691 views
Boeing's new VR simulator immerses astronauts in space training
Boeing’s Starliner craft is headed to space, but first its astronauts are training in virtual
Read More
2025-06-26 19:03
2156 views
The most important thing to know about social distancing
You're watching the numbers go up every day.Yet, mayors and governors around the nation have ordered
Read More
2025-06-26 17:33
874 views
Wordle today: Here's the answer, hints for March 21
Can't get enough of Wordle? Try Mashable's free version now W
Read More