极兔上半年总收入55亿美元，新市场首次实现EBITDA转正

Core Viewpoint - J&T Express reported a significant increase in revenue and profit for the first half of 2025, driven by strong growth in both the Southeast Asian and Chinese markets, as well as new market expansions [2][3][4]. Financial Performance - Total revenue reached $5.5 billion, a year-on-year increase of 13.1% [2] - Core express service revenue was $5.34 billion, up 12.7% [2] - Net profit surged to $89.93 million, a 186.6% increase from $31.03 million in the same period last year [2] - Adjusted net profit was $160 million, reflecting a 147.1% growth [2] - Adjusted EBITDA reached $440 million, up 24.2% [2] - Adjusted EBIT was $200 million, a 65.4% increase [2] Package Volume and Market Share - Total package volume for the first half was 13.99 billion, a 27% increase year-on-year [2] - Daily average package volume was 76.9 million [2] - In Southeast Asia, package volume grew by 57.9% to 3.23 billion, with market share increasing from 27.4% to 32.8% [3] - In China, package volume reached 10.6 billion, a 20% increase, with a market share of 11.1% [4] Regional Performance - Revenue from the Southeast Asian market was $1.97 billion, a 29.6% increase [3] - Adjusted EBITDA in Southeast Asia was $310 million, up 50.5% [3] - Revenue from the Chinese market was approximately $3.14 billion, a 4.6% increase [4] - Adjusted EBITDA in China was $160 million [4] Cost Management and Technology Investment - The company managed to reduce the cost per package by 10.3% to $0.28, mitigating revenue pressure from intense market competition [4] - The company is investing in smart sorting and autonomous vehicle delivery, with 900 autonomous logistics vehicles deployed across multiple provinces [4] New Market Expansion - In new markets, package volume grew by 21.7% to 17 million, with revenue reaching $360 million, a 24.3% increase [5] - Adjusted EBITDA in new markets turned positive, recording a profit of $1.57 million compared to a loss of $7.84 million in the previous year [5]