Eneng Logistics (09956) announced results for the year ended December 31, 2023. The group achieved revenue during the period...
According to the Zhitong Finance App, Eneng Logistics (09956) announced the results for the year ended December 31, 2023. The group achieved revenue of 9,917 billion yuan (RMB, same below) during the period, an increase of 6.2% over the previous year; profit attributable to owners of the parent company was 392 million yuan, turning a year-on-year loss into a profit; basic profit per share was 0.34 yuan.
2023 will be a year of deep transformation for Eneng. Faced with macroeconomic uncertainty and fierce competition among leading express network companies, the company completely changed its original governance policy based on volume and scale, unswervingly implemented a new strategy centered on profit and quality, and focused on effective scale growth. After more than a year of unremitting efforts, Eneng's transformation and transformation has achieved fruitful results so far. In 2023, the company's total cargo volume reached 12 million tons, and gross profit increased 73.6% over the previous year.
The company operates the leading express shipping network in the Chinese LTL market. Express network operators (such as groups) are LTL service providers covering the whole country to provide timely and comprehensive cargo transportation services.
As of December 31, 2023, all of the Group's outlets are owned and operated by the Group's more than 28,000 freight partners and freight forwarders across China, covering about 98.2% of China's counties and towns.