On August 21, J&T EXPRESS-W rose 4.28% at open, trading at HKD 10.47, with turnover of HKD 18.10 million. The rally was driven by blockbuster interim results and a landmark strategic partnership announcement.

The company reported H1 revenue of USD 7.67 billion, up 39.5% year-over-year, with attributable profit surging 190.9% to USD 259 million and adjusted net profit climbing 124.3% to USD 351 million. Total parcel volume reached 17.5 billion pieces, up 25.1%, with Southeast Asia volume jumping 71.2% and other markets soaring 119.9%. The quarterly daily average parcel volume exceeded 100 million for the first time in Q2.

Simultaneously, the company announced the appointment of SF Holdings founder Wang Wei as non-executive director effective August 20, alongside logistics service framework agreements with SF Holdings and Hive Box covering line-haul transportation, international freight forwarding, overseas warehousing, and last-mile delivery services through December 31.

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