YTO International Express (06123) has announced its financial results for the 2025 fiscal year. Revenue amounted to approximately HK$3.191 billion, representing a decrease of about 40.0% compared to the previous year. The loss attributable to equity shareholders was approximately HK$145.6 million, an increase of about 257% year-on-year. The loss per share was HK34.84 cents.

Within the results, total revenue from international express and parcel services was approximately HK$566 million, accounting for 17.7% of the group's total revenue. This represents a decline of 45.5% year-on-year. By the end of the 2025 fiscal year, the cumulative number of international express and parcel service items completed was approximately 26.3 million, a decrease of 49.0% compared to the prior year. The gross profit for this business segment was HK$6.3 million, down 74.6% year-on-year. This was primarily due to a strategic focus on developing route products for international express and parcel services with long-term competitiveness, leading to the proactive reduction of certain business deemed to have only short-term value.

Regarding the air freight forwarding business, the group generated revenue of approximately HK$1.97 billion during the 2025 fiscal year, which constituted 61.7% of the group's total revenue. This figure reflects a decrease of 39.8% year-on-year. The gross profit for this segment was HK$69.1 million, down 63.8% compared to the previous year. The declines in both revenue and gross profit were mainly attributed to tariff policy fluctuations in some major economies during the 2025 fiscal year, increased uncertainty in cross-border trade, and significant volatility in both international air freight demand and freight rates.

For the sea freight forwarding business, the group achieved revenue of approximately HK$493 million in the 2025 fiscal year, accounting for 15.4% of the group's total revenue. This represents a decrease of 41.0% year-on-year. The gross profit for this business segment was HK$107 million, a decrease of 15.1% compared to the prior year. This was primarily a result of intensified market competition and a decline in freight rates on certain routes, leading to an overall decrease in the gross profit margin for the segment.