Parcel volume and revenue both increased by double digits, ZTO Express-W (02057) released its Q3 financial report.

ZTO EXPRESS-W (02057) financial report shows that in the third quarter, ZTO handled 8.72 billion packages, an increase of 15.9%; revenue reached 10.68 billion yuan, an increase of 17.6%; adjusted net profit was 2.39 billion yuan, a year-on-year increase of 2%. At the same time, ZTO maintained high-quality services and customer satisfaction. ZTO Express Chairman Lai Meisong stated that parcel volume in this quarter achieved a year-on-year growth of over 40%, and the strategy of optimizing business structure has made positive contributions to revenue and operating profit margin.