Geku Express - W (01519) increased its increase by more than 9% at the end of the session. As of press release, it rose 8.58% to HK$10.88, with a turnover of HK$484.366 million.
The Zhitong Finance App learned that the increase of Jitu Express - W (01519) increased by more than 9% at the end of the session. As of press release, it had risen 8.58% to HK$10.88, with a turnover of HK$484.366 million.
According to the news, Jitu Express announced that the group achieved a package volume of 5,032 billion in the first quarter, an increase of 48.5% over the previous year; the average daily package volume was 55.3 million. Among them, the package volume was 1,026 million in Southeast Asia, with an average daily package volume of 11.3 million; in China, the number of packages reached 3,942 million, with an average daily package volume of 43.3 million; and in the new market, the number of packages was 64.1 million, with an average daily package volume of 704,700.
Zheshang Securities previously indicated that in 2023, the number of packages handled by the company in Southeast Asia was 3.24 billion, an increase of 28.9% over the previous year. According to Frost & Sullivan's data, the company is the number one express delivery operator in Southeast Asia in terms of package volume in 2023, with a market share of 25.4%, an increase of 2.9 pct over 2022, continuing to consolidate the company's leading position and competitive advantage in Southeast Asia. Judging from the increase in the express delivery market, the company's package volume increased by 730 million units year-on-year in 2023, while the total number of packages in the express delivery industry increased by 1.6 billion, and the company obtained most of the increase in the express delivery industry.