CJ Logistics Q1 Revenue, Profit Rise on 'Every O-NE' Seven-Day Delivery Service
· Source: en.sedaily.com
In short
CJ Logistics reported strong first-quarter results with revenue up 7.4% and operating profit up 7.9%, driven by its innovative 'Every O-NE' seven-day-a-week delivery service and surging e-commerce volumes. The parcel delivery division saw a 10.5% revenue increase, while global division profit jumped 52.6% year-on-year despite Middle East conflict-related freight rate volatility.
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Tags: logistics, delivery service, e-commerce, parcel, CJ Logistics, Q1 earnings