Summary by Futu AI
Jitu Express Global Co., Ltd. ('the Company') announces its unaudited interim results for the six months ended June 30, 2024. During the period, the Company's revenue reached US$4,861,696, an increase of 20.6% year on year; gross profit increased significantly to US$535,732, an increase of 176.8% year on year; operating profit increased from a loss of US$1,636,218 in the same period last year to a profit of US$115,025; net profit for the period was US$31,026, compared with a loss of US$666,769 in the same period last year. Adjusted EBITDA was US$350,782, a year-on-year increase of 795.6%. The Company's package volume in Southeast Asia, China, and new markets has significantly increased, and it continues to increase its market share. The board of directors does not recommend the payment of an interim dividend.