Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on October 14, Yuantong Express Co., Ltd. released a report for the third quarter of 2022, with revenue of 13.758 billion yuan in the third quarter, an increase of 24.55 percent over the same period last year, and net profit of 997 million yuan, an increase of 223.44 percent over the same period last year.

Revenue in the first three quarters was 38.824 billion yuan, an increase of 27.12 percent over the same period last year, and net profit was 2.771 billion yuan, an increase of 190.47 percent over the same period last year.

In addition, Yuantong Express issued an announcement on the major operating data of the express business in September 2022. The revenue from express products in September 2022 was 3.944 billion yuan, an increase of 19.09 percent over the same period last year. The number of business completed tickets was 1.564 million, an increase of 7.62 percent over the same period last year; and the single ticket revenue of express products was 2.52 yuan, an increase of 10.65 percent over the same period last year.

CTOnews.com learned that, according to the announcement, since the end of 2021, the settlement mode of the Cainiao wrapping business in the company's express delivery business has been adjusted from the former Hangzhou Cainiao supply chain Management Co., Ltd. and the franchisee to settlement directly with the company; at the same time, the reverse logistics business of the company undertaking pinduoduo and other platforms is also settled in accordance with these modes. In September 2022, the overall impact of the above factors on the single ticket income of express delivery products was about 0.09 yuan. excluding these effects, the single ticket income of the company's express delivery products was 2.43 yuan, an increase of 6.51% over the same period last year.

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