ZTO Express, a leading express delivery company in China, saw its adjusted net income jump 63.1% to 1.87 billion yuan ($260 million) in the third quarter, up from the same period last year.
The company reported a parcel volume growth of 11.7%, and its market share expanded 1.3 percentage points to hit 22.1%, ZTO Express said in its unaudited financial results for the third quarter.
The company's revenues came in at 8.95 billion yuan in the third quarter, up 21% from the same period last year.
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