STO Express' Express Logistics Revenue Jumps 22% in December 2024

MT Newswires Live

2025/01/20

STO Express' (SHE:002468) express service revenue jumped 22% year on year to 4.55 billion yuan in December 2024, according to a Shenzhen Stock Exchange disclosure Saturday.

The Chinese logistics services provider delivered 2.25 billion parcels in the same month, up 32% from the prior year, but revenue per express delivery dropped 7.3% to 2.02 yuan.

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