Sto Express Co.,Ltd.’s Net Profit Rose 18.8% in First Half of 2023

Sto Express Co.,Ltd. (申通快递股份有限公司) (002468.SZ) reported a net profit of 214.6 million yuan in the first half of 2023, up 18.8% year-on-year.

Meanwhile, the company posted 19.1 billion yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 21.2 billion yuan in total assets and 12.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.