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YTO Express' Attributable Profit Rises 73% in H1; Shares Slide 7%

MT Newswires Live12:56

YTO Express' (SHA:600233) attributable profit jumped 73% to 3.18 billion yuan in the first half from 1.83 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.

Earnings per share at the logistics company increased to 0.9264 yuan from 0.5312 yuan in the prior-year period.

Operating revenue grew 8.4% year over year to 38.9 billion yuan from 35.9 billion yuan.

Shares fell 7% during the midday break on Thursday.

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