Core Insights - The company reported a robust financial performance for the first half of 2025, with total revenue reaching $5.5 billion, a year-on-year increase of 13.1% [1] - The core express service revenue was $5.34 billion, reflecting a growth of 12.7% compared to the previous year [1] - Net profit surged to $88.93 million, a significant increase of 186.6% from $31.03 million in the same period last year [1] Revenue and Profitability - The adjusted net profit for the company was $160 million, up 147.1% year-on-year [1] - Adjusted EBITDA reached $440 million, marking a 24.2% increase, while adjusted EBIT was $200 million, up 65.4% [1] - The total package volume grew by 27% to 13.99 billion pieces, with Southeast Asia and new markets contributing significantly to revenue [1] Market Performance - In Southeast Asia, package volume soared by 57.9% to 3.23 billion pieces, increasing market share to 32.8% [1][2] - The Chinese market saw a 20% increase in package volume to 10.6 billion pieces, with a market share growth to 11.1% [4] - New markets, including Saudi Arabia, UAE, Mexico, Brazil, and Egypt, experienced a 21.7% growth in package volume, totaling 17 million pieces [1] Cost Management and Efficiency - The company achieved a 16.7% reduction in per-package costs, enhancing competitiveness [3] - In China, the cost per package decreased by 10.3%, contributing to profit resilience despite market competition [4] - The company is focusing on fine-tuning operations to maintain steady growth and profitability [4] Technological Investments - The company has invested in smart logistics, operating 19,200 locations and 239 transit centers globally, with 337 automated sorting lines [6] - The deployment of 900 unmanned delivery vehicles aims to improve service quality and operational efficiency [6] - The company anticipates stable growth in the second half of the year due to these technological advancements [6]
极兔速递上半年经调整净利同比大增147.1% 可持续盈利能力凸显