Yunda's Express Logistics Services Revenue Slips 8% in January; Shares Down 3%

MT Newswires Live

02/20

Yunda Holding's (SHE:002120) revenue from express logistics services slipped 8.4% from a year earlier to 4.07 billion yuan, according to a Shenzhen Stock Exchange filing on Thursday.

The Chinese logistics service provider delivered 2.01 billion parcels in the same month, up 2.9% from a year earlier.

The company's revenue per courier service dropped 11% year on year to 2.02 yuan, the filing added.

The company's shares fell less than 3% in recent trade.

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