Core Viewpoint - The logistics company J&T Express has shown significant growth in its operations, particularly in emerging markets, with a notable increase in adjusted net profit and revenue in the first half of the year [1][3]. Group 1: Financial Performance - The company processed approximately 140 billion packages in the first half of the year, resulting in an adjusted net profit increase of 147.1% year-on-year, rising from $31 million to $156 million [1]. - Total revenue grew by 13.1% to $5.5 billion, with express delivery revenue accounting for 97.1% of this total [1]. - Adjusted EBITDA increased by 24.2% to $436 million, driven primarily by the expansion in Southeast Asia [1]. Group 2: Market Expansion - J&T Express has expanded its business from Southeast Asia and China to new regions including Saudi Arabia, UAE, Mexico, Brazil, and Egypt [1]. - The company’s package volume in Southeast Asia surged by 57.9% to 3.23 billion packages, enhancing its market share by 5.4 percentage points to 32.8% [3]. - In the Chinese market, package processing volume reached 10.6 billion, a 20% increase, with a market share of 11.1% [3]. Group 3: Operational Efficiency - The company has reduced its cost per package in Southeast Asia by 16.7%, enhancing its competitive edge [3]. - Despite intense price competition in China, operational efficiencies led to a 10.3% reduction in cost per package [3]. - The number of network partners decreased by 100 to 6,900, while service points increased by 100 to 19,200, maintaining 239 sorting centers [4].