Zhongtong Express - W (02057.HK): Parcel volume and net profit maintained double-digit growth in the first quarter, with a 46% increase in small package business.

According to the Zhongtong Financial APP, on May 21st, Zhongtong Express-W (02057.HK) announced its Q1 performance for 2025. The financial report shows that in the first quarter, Zhongtong completed 8.5 billion parcels, a year-on-year increase of 19.1%, with the quarterly scattered business volume increasing by 46% year-on-year; revenue was 108.9 billion yuan, a year-on-year increase of 9.4%; net profit was 2.04 billion yuan, a year-on-year increase of 40.9%; operating cash flow was 23.6 billion yuan, a year-on-year increase of 16.3%; and the current share repurchase plan has been extended to June 30, 2026.