ANE (09956) released its third quarter performance, with adjusted net profit of 2.18 billion yuan, a year-on-year increase of 28%.

date
14/11/2024
avatar
GMT Eight
ANE (09956) released its performance for the three months ending on September 30, 2024. The group achieved a revenue of RMB 3.044 billion (same unit below), an increase of 21.2% year-on-year; adjusted net profit was RMB 218 million, an increase of 28% year-on-year; profit attributable to owners of the parent company was RMB 189 million, an increase of 27.87% year-on-year. Through the continuous implementation of a high-quality growth strategy, we have achieved outstanding results in the three months ending on September 30, 2024, maintaining a leading position in the Chinese less-than-truckload market, and providing comprehensive and diversified product services through our nationwide network. As of the three months ending on September 30, 2024, we have completed a total freight volume of 3,734 thousand tons, compared to 3,152 thousand tons in 2023, representing a growth of 18.5% year-on-year. In terms of freight weight structures, the volume of mini tickets (70 kilograms or less), small LTL (70 to 300 kilograms), and large LTL (300 kilograms or more) increased by 37.3%, 22.6%, and 6.6% respectively year-on-year, driving the overall growth in freight volume. As of the end of September 2024, we have approximately 32,000 freight partners and agents, compared to over 28,000 in September 2023, enabling us to better serve end customers as we continue to expand our national coverage.

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