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Guoxin Securities released a research report on April 26 stating that it gave Shentong Express (002468.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit gradually rebounded in the fourth quarter of '23 and the first q
Guoxin Securities released a research report on April 26 stating that it gave Shentong Express (002468.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit gradually rebounded in the fourth quarter of '23 and the first quarter of '24; 2) the company's business volume grew rapidly, and the price of a single ticket dropped significantly year-on-year due to intense competition in the industry; 3) the optimization of the company's network operation led to a significant drop in single ticket costs, and a gradual recovery in single ticket profits in the fourth quarter and the first quarter. (Mainichi Keizai Shimbun)
Jefferies Adjusts STO Express' Price Target to 9.40 Yuan From 11.50 Yuan, Keeps at Hold
04:56 AM EDT, 04/26/2024 (MT Newswires) -- Jefferies Adjusts STO Express' Price Target to 9.40 Yuan From 11.50 Yuan, Keeps at Hold Price (RMB): ¥9.23, Change: ¥, Percent Change: %
Shentong Express (002468): Business volume remains high and operating performance is steady
Incident: In 2023, the company achieved operating income of 40.924 billion yuan, an increase of 21.54% year on year; realized net profit of 341 million yuan to mother, an increase of 18.41% year on year. Among them, the Q4 2023 company actually
Express News | J.P. Morgan upgraded the rating of Shentong Express Co., Ltd. to neutral.
The logistics concept was active in the afternoon, and Shentong Express went up and down
The logistics concept was active in the afternoon. Shentong Express went up and down, while Zhejiang Zhongtuo, Yunda Co., Ltd., Shanghai Yashi, Changjiu Logistics, and Debon Co., Ltd. followed suit.
Shentong Express (002468): Steady performance growth share is expected to continue to increase
The 23-year performance has grown steadily, and profits have improved quarterly since 4Q23. Shentong Express released 2023 and 1Q24 results: 1) Achieved operating revenue/net profit of 40.92 billion yuan/340 million yuan in 23, an increase over the previous year
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