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ZTO Express: Expected revenue of RMB 48.5 billion to 50 billion in 2025. Expected gross profit of RMB 12.15 billion to 12.55 billion in 2025.
ZTO Express Hong Kong Exchange Announcement, expected total revenue in 2025 to be between RMB 48.5 billion and RMB 50 billion, representing an increase of approximately 9.5% to 12.9% compared to RMB 44.281 billion in 2024; expected gross profit in 2025 to be between RMB 12.15 billion and RMB 12.55 billion, a decrease of approximately 8.5% to 11.4% compared to RMB 13.717 billion in 2024. The estimated growth in total revenue is mainly driven by the increase in parcel volume from 34.01 billion pieces in 2024 to 38.52 billion pieces in 2025 (year-over-year growth of 13.3%).