Summary by Futu AI
Polar Rabbit Courier Worldwide Limited issued a voluntary announcement on April 9, 2024, announcing operating data for the first quarter ended March 31, 2024. The data showed significant growth in the company's package volumes in Southeast Asia, China and new markets, with shipments per day in Southeast Asia growing by 53.6% year-on-year, by 44.5% in China, and by an astonishing 120.3% in new markets. The number of network partners decreased slightly, but the number of network points increased by 800. The number of forwarding centers has remained constant, while the number of automated sorting lines has increased in Southeast Asia, China and new markets. The announcement noted that due to the rapid recovery of business volume in Indonesia, the demand for vehicles increased, and the seasonal drop in the volume of business in China led to a decrease in vehicle demand. THE COMPANY STRESSED THAT ALL FIGURES ARE UNAUDITED AND NOT CONFIRMED BY AUDITORS AND MAY BE SUBJECT TO ADJUSTMENT. Investors should exercise caution when buying and selling company shares.