Summary by Futu AI
On August 15, 2024, JD Logistics announced that the unaudited consolidated performance for the three and six months ended June 30, 2024 showed that the company's revenue reached RMB 44.2 billion and RMB 86.3 billion, an increase of 7.7% and 11.0% year-on-year, respectively. Gross profit was RMB 5.2 billion and RMB 8.5 billion, an increase of 54.8% and 68.7% year-on-year, respectively. Net profit was RMB 2.2 billion and RMB 2.6 billion, an increase of 342.0% and a turnaround from loss to profit year-on-year, respectively. The non-International Financial Reporting Standards (IFRS) net profit margin increased to 5.6% and 3.6%, respectively. The board of directors does not recommend the distribution of interim dividends. The company emphasized that the growth in the first half of the year was due to the recovery...Show More