Yto Express Group Co.,Ltd.’s Net Profit Rose 3.1% in First Quarter of 2023

Yto Express Group Co.,Ltd. (圆通速递股份有限公司) (600233.SH) reported a net profit of 920.8 million yuan in the first quarter of 2023, up 3.1% year-on-year.

Meanwhile, the company posted 12.9 billion yuan in revenue, up 9.2% year-on-year.

At the end of the reporting period, it had 40.3 billion yuan in total assets and 12.2 billion yuan in total liabilities, with a liability-to-asset ratio of 30.3%.