Beijing Business Daily News (Reporter He Qian, Qiao Xinyi) On November 17th, Zhongtong Express (hereinafter referred to as "Zhongtong") announced its unaudited financial performance for the third quarter of 2023. According to financial report data, Zhongtong Express's revenue was 9.076 billion yuan, a year-on-year increase of 1.5%; The gross profit was 2.706 billion yuan, a year-on-year increase of 10.7%; The net profit was 2.35 billion yuan, a year-on-year increase of 24.0%; The adjusted net profit was 2.341 billion yuan, a year-on-year increase of 25.0%. In the third quarter, the company's package volume increased by 18.1% year-on-year to 7.5 billion pieces, expanding its market share to 22.4%.
According to financial report disclosure data, as of September 30, 2023, Zhongtong has 97 sorting centers, over 31000 pickup/delivery points, approximately 6000 direct network partners, approximately 3800 trunk transportation routes between sorting centers, and approximately 10000 self owned trunk vehicles. Among them, over 9300 self owned vehicles are high capacity vehicles with a length of 15 to 17 meters. Zhongtong predicts that the annual business volume will reach 29.27 billion to 30.24 billion pieces, with an expected year-on-year growth of 20% -24%.