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2018 Yuantong Express net profit increased by 32%.

2019-04-18 10:13:02

www.cargofee.com)New broadcast:

      In 2018, Yuantong Express achieved operating income of 27.465 billion yuan, an increase of 37.45% over 2017. The net profit attributable to shareholders of the parent company was 1.904 billion yuan, an increase of 31.97% over 2017.
      By the end of 2018, the wholly-owned subsidiary of the Yuantong Cargo Airline had 12 aircraft, including 5 Boeing 757-200s and 7 Boeing 737-300s. In 2018, Yuantong Cargo Airlines opened international routes such as Zhengzhou-Tokyo, Yiwu-Incheon, Changsha-Manila, Changsha-Dhaka, and Changsha-Hu Zhiming.
      In 2018, the operating results of the subsidiary Yuantong International continued to grow, achieving a business income of HK$4,463 million, a year-on-year increase of 21.6%, and a net profit attributable to shareholders of the parent company of HK$104 million, a year-on-year increase of 6.8%. While maintaining the advantages of Yuantong International Freight Forwarding Business, Yuantong Express continues to accelerate the integration, complementarity and synergy with Yuantong International Management Team, business operations and strategic planning, and integrates advantageous transportation resources such as Yuantong Airlines and China Europe, and fully develops international business operations. The management system will create a cost-effective cross-border logistics full-link product and service, and comprehensively expand the strategic cooperation of cross-border e-commerce platform, and actively expand the international market.

 

 

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