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Express delivery volume increases, prices continue to fall! YTO's "Number One Project" achieves cost reduction and increased profits for its outlets | Company research
①According to the reporter's visit, with the support of the "One Project", Yuantong Jing'an Baode Road branch has turned losses into profits, and the volume of shipments has increased by 40% year-on-year. ②The branch has reduced costs and increased profits, improved stability, and can avoid risks of supply chain interruption, which is beneficial to Yuantong's overall supply chain stability. ③Industry insiders believe that under the scale effect, costs have decreased and single-ticket income has also decreased. Value-added services may support unit prices.
The number of the three major indicators of civil aviation has all increased, and Guangzhou Baiyun International Airport's net income in the first half of the year exceeded the same period of 2019 | Interpretation of financial report
①Guangzhou Baiyun International Airport saw year-on-year growth in aircraft takeoffs and landings, as well as passenger and cargo throughput in the first half of the year. ②The company achieved double growth in revenue and net income in the first half of the year, with a net income of 0.438 billion yuan, exceeding the same period in 2019.
China Southern Airlines: International and Hong Kong, Macao, and Taiwan flights have resumed to 80% of the same period in 2019. Ground service fees are facing upward pressure. | Direct coverage of earnings conference
①Nanhang Logistics' net income in the first half of the year increased by more than 30% year-on-year to 1.7 billion yuan, making it the most profitable subsidiary of Nanhang Airlines. ②Nanhang Airlines stated that in 2024, due to production recovery, international ground service price increases, and domestic airport fees, the company will face significant upward pressure on landing and takeoff ground service fees. ③Nanhang's first C919 will enter commercial operation on September 19, with its maiden flight operating on the Guangzhou-Shanghai Hongqiao route.
Grasping the "shipping dividend", COSCO Shipping Holdings' revenue in the first half of the year exceeded 100 billion yuan, with a year-on-year growth rate of over 10%.
In the first half of the year, affected by the interruption of the Red Sea route and the growth of cargo volume in emerging markets, Cosco Shipping Holdings' financial report is impressive, achieving a total revenue of 101.201 billion RMB, a year-on-year increase of 10.19%. At the same time, Cosco Shipping Holdings closely monitors the IMO convention and the EU's new environmental protection regulations, accelerating the development of an eco-friendly and low-carbon fleet.
S.F. Holding's net income in the first half of the year increased by 15% year-on-year to 4.8 billion yuan, and total parcel volume increased by 6% | Financial report news.
In the first half of the year, s.f. holding achieved a revenue of 134.41 billion yuan, an 8.1% year-on-year increase, with a total volume of 6.24 billion pieces.
In 2019, the head brokerage's secretary was appointed as the "older insurance agent".
China Securities Co., Ltd., a leading brokerage firm, recently announced an important personnel change. The company's board of directors has approved the appointment of Liu Naisheng as the company's board secretary, and Wang Guangxue will no longer hold this position. Liu Naisheng is a veteran investment banker and the first generation of securities salespeople in China. He has led successful underwriting projects for numerous companies and is best known for overseeing the IPO projects for Contemporary Amperex Technology and the representative Beijing-Shanghai High Speed Railway. As a seasoned securities industry veteran, Liu Naisheng's appointment as board secretary after seven years of serving as a senior executive (executive committee member) at China Securities Co., Ltd. is certainly worth following in terms of his future contributions. According to publicly available information about skilled post-70s workers, Liu Naisheng belongs to the post-70s generation of securities professionals.