In today’s briefing:
- JD Logistics (2618 HK): 2Q23, External Revenue Still Grew Rapidly, 70% Upside
JD Logistics (2618 HK): 2Q23, External Revenue Still Grew Rapidly, 70% Upside
- In 2Q23, total revenue grew by 31% YoY and revenue from external customers grew by 56% YoY.
- The operating margin can still breakeven during the rapid growth.
- We believe the stock has an upside of 70% for yearend 2024. Buy.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
