Yuantong's October express product revenue was 3.995 billion yuan, an increase of 10.86% over the same period last year.

On November 19, Yuantong Express Co., Ltd. announced the main operating data of its express business in October 2022. According to the data, the revenue of Yuantong express products in October was 3.995 billion yuan, an increase of 10.86% over the same period last year; the business completion volume was 1.583 billion tickets, an increase of 0.54% over the same period last year; and the single ticket income of express products was 2.52 yuan.

According to the release document, since the end of 2021, the settlement mode of the Cainiao wrapping business in the company's express delivery business has been adjusted from the former Hangzhou Cainiao supply chain Management Co., Ltd. and the franchisee to settle directly with the company; at the same time, the reverse logistics business of the company undertaking platforms such as pinduoduo is also settled in accordance with these modes.

In October 2022, the overall impact of the above factors on the single ticket income of express delivery products was about 0.10 yuan. excluding these effects, the single ticket income of the company's express delivery products was 2.42 yuan, an increase of 5.66% over the same period last year.

In the first three quarters of this year, Yuantong realized revenue of 38.824 billion yuan, an increase of 27.12% over the same period last year, and net profit of 2.771 billion yuan, an increase of 190.47% over the same period last year.