YTO INTL EXP (06123) has announced its results for the six months ended June 30, 2025, reporting revenue of HK$1.414 billion, down 52.5% year-on-year. The loss attributable to equity shareholders reached HK$60.436 million, expanding 43.4% compared to the same period last year. Basic loss per share was 14.46 HK cents.

The increase in loss attributable to equity shareholders during the period was mainly due to: (i) the impact of uncertainty factors such as fluctuations in US tariff policies in the first half of the year, leading to declines in overall freight market revenue and gross profit; (ii) strategic reduction of certain low-margin businesses with longer collection cycles to concentrate resources on core business development, resulting in decreased overall revenue and gross profit; (iii) to advance the internationalization development strategy, the Group continued building global express hub facilities and operational networks to achieve "connecting China to the world, and the world to the world," creating a safe, smooth, convenient, efficient, sustainable, autonomous, and controllable logistics supply chain system. The Group also promoted the application of cutting-edge technologies such as artificial intelligence to comprehensively enhance core competitiveness. During the reporting period, the Group continued to increase investment in recruiting and developing international talent, building logistics hubs in key regions, countries, and critical markets to strengthen control over core logistics infrastructure and resources, and comprehensively promoting the transformation and upgrade from digitalization to intelligentization, strengthening technology innovation-driven development, and continuously increasing investment in technology research and development.

On the other hand, during the first half of 2024, the Group recorded a one-time impairment loss of approximately HK$22.8 million on investment in a joint venture. No such one-time impairment loss was recorded during the current reporting period.