ZTO's profits may have been negatively affected by higher operating costs in the last quarter of 2024.
On January 9, 2025, ZTO Express (Cayman) Inc., a major express delivery company in China, hosted its National Network Conference at its headquarters in Shanghai. The event focused on the key points from the 2025 National Postal Management Work Conference held by the State Post Bureau, reviewed the achievements of 2024, and discussed important tasks for the upcoming year.
Increasing costs are expected to negatively impact ZTO's profits.
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As ZTO shares decline, we are evaluating the stock's current situation to see if it is a wise investment right now.
ZTO's earnings and revenues for the third quarter of 2024 have risen compared to the same period last year.
ZTO Express (Cayman) Inc., a major express delivery company in China, reported a 2.0% increase in adjusted net income, reaching RMB2.4 billion. The company also saw a 15.9% rise in parcel volume, totaling 8.7 billion. This growth occurred while ensuring high service quality and customer satisfaction.
The increase in operating costs is not a good sign for ZTO. The tough competition in the market negatively affects the company's future.
ZTO Express Cayman (ZTO) shared its earnings report 30 days ago. What can we expect for the stock moving forward?
ZTO Express (ZTO) is facing high operating costs. Increased labor expenses are raising their overall costs.