Yto Express Group Co.,Ltd.’s Net Profit Dropped 4.1% in First Three Quarters of 2023

Yto Express Group Co.,Ltd. (圆通速递股份有限公司) (600233.SH) reported a net profit of 2.7 billion yuan in the first three quarters of 2023, down 4.1% year-on-year.

Meanwhile, the company posted 40.8 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 41.3 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.