Summary by Futu AI
ZTO Express has released preliminary financial estimates for full year 2025, projecting total revenues between RMB48.5-50.0 billion, representing a 9.5-12.9% increase from RMB44.28 billion in 2024. The growth is primarily attributed to a 13.3% rise in parcel volumes, reaching 38.52 billion packages compared to 34.01 billion in 2024.However, the company expects gross profit to decline by 8.5-11.4%, ranging from RMB12.15-12.55 billion, down from RMB13.72 billion in 2024. These preliminary estimates are subject to revision pending completion of year-end financial closing processes and have not undergone audit procedures.