J&T EXPRESS-W (01519) announced its 2025 interim results, processing a total of 13.99 billion packages, representing a 27.0% year-on-year increase. The company achieved revenue of approximately $5.499 billion, up 13.1% year-on-year; gross profit of approximately $538.6 million, up 0.5% year-on-year; adjusted net profit of approximately $156 million, up 147.1% year-on-year; profit attributable to owners of $86.365 million, up 213.4% year-on-year; and basic earnings per share of 1 cent.

As of June 30, 2025, the company operated approximately 19,200 service points, 239 sorting centers equipped with 337 automated sorting systems, and over 12,100 line-haul vehicles, including more than 6,800 self-owned line-haul vehicles.

In the first half of 2025, the company achieved breakthrough progress across all markets, with Southeast Asia delivering both growth and profitability gains, China maintaining resilience amid intense price competition, and new markets achieving positive EBITDA for the first time, marking significant milestone progress in the company's healthy and sustainable development.

In Southeast Asia, package volume reached 3.23 billion in the first half of 2025, achieving remarkable growth of 57.9% year-on-year. The company further expanded its market share to 32.8%, an increase of 5.4 percentage points year-on-year, maintaining its industry-leading position for the sixth consecutive year while continuing to strengthen its competitive advantage. Alongside this remarkable package volume growth, profitability also achieved rapid expansion, with adjusted EBIT reaching $234.6 million, up 74.0% year-on-year, while maintaining adjusted EBIT per package at $0.07. The company continues to capitalize on rapid e-commerce growth opportunities, develop non-platform customers, and leverage China's experience to empower Southeast Asia operations, further consolidating its leading position and competitive advantages in the region.

In China, package volume reached 10.6 billion in the first half of 2025, up 20.0% year-on-year. Market share expanded to 11.1%, an increase of 0.1 percentage point year-on-year, with market ranking improving to fifth place, continuing to solidify its market position. During the first half of 2025, China's express delivery industry faced intense price competition. Under pressure, the company persisted in doing "difficult but right" things, continuously optimizing customer structure and implementing refined operational management to offset some downward revenue pressure and maintain profit resilience.

In new markets, package volume reached 170 million in the first half of 2025, up 21.7% year-on-year, with market share expanding to 6.2%, an increase of 0.1 percentage point year-on-year. The company achieved rich customer acquisition results in new markets, expanding cooperation with TikTok and MercadoLibre in Brazil and Mexico. In the first half of 2025, new markets achieved positive adjusted EBITDA for the first time, with significant improvement in adjusted EBIT losses, representing important milestone progress.