On August 21, J&T EXPRESS-W rose 5.78% in regular trading, trading at HK$10.8 per share, with turnover of HK$113 million. The surge was driven by a combination of blockbuster interim results and a landmark strategic partnership announcement.

The company reported H1 revenue of US$7.672 billion, up 39.5% year-over-year, with net profit surging 190.9% to US$259 million and adjusted net profit rising 124.3% to US$351 million. Total parcel volume reached 17.5 billion pieces, up 25.1%, with daily average volume exceeding 100 million in Q2. Southeast Asian parcel volume jumped 71.2% YoY to 5.52 billion pieces, lifting market share to 38.1%, while other emerging markets posted 119.9% growth.

Simultaneously, the company appointed Wang Wei, founder and chairman of SF Holding, as non-executive director effective August 20, and signed logistics service framework agreements with SF Holding and Hive Box to provide line-haul transportation, international freight forwarding, overseas warehousing, and last-mile delivery services.

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