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YTO Express' Express Product Revenue Increases 9% in November
Yuantong Express Co., Ltd. announced the main operating data of the express delivery business for November 2024
YTO Express Group (600233.SH): In November, the revenue from express products was 5.828 billion yuan, an increase of 9.26% year-on-year.
On December 19, Gelonghui reported that YTO Express Group (600233.SH) announced the main Company Business Data for November 2024, showing that the express product revenue reached 5.828 billion yuan, a year-on-year increase of 9.26%. The business completion volume was 2.541 billion tickets, up 17.44% year-on-year. The revenue per express product ticket was 2.29 yuan, a decrease of 0.96% year-on-year.
Express News | Morgan Stanley downgraded YTO Express Group's rating to Neutral, with a target price of 16.60 Chinese Yuan.
Guolian Securities: The november 11 shopping festival-related e-commerce promotion has preliminarily driven up the volume and price of the Tongda express delivery system.
Due to the earlier start time of this year's november 11 shopping festival-related promotions compared to previous years, the national express delivery volume for October reached 16.31 billion pieces, a year-on-year increase of 24.0%.
Yto express group (600233): In October, the express delivery volume increased by 31% year-on-year, and the average revenue per ticket increased by 6% compared to the previous month.
Event: yto express group released the company business data for October 2024. In October, the company's express product revenue was 5.704 billion yuan, a year-on-year increase of +26.94%, with an express business volume of 2.473 billion tickets, an increase of +31.18% year-on-year, per ticket income.
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