Southeast Asia market share soared 5.4 percentage points to 32.8%
J&T Global Express Limited, a global logistics service provider, announced its Interim Results for the period H1-2025.
In H1-2025, J&T achieved a robust financial performance, driven by strong business growth and continuous operational optimization across its markets. Propelled by strong parcel volume growth, the revenue contribution from Southeast Asia and New Markets saw a sustained uplift, bringing the Company’s total revenue to US$ 5.50bn, a 13.1% increase year-on-year (YoY). Core express delivery services generated US$ 5.34bn in revenue, representing a 12.7% YoY increase.
The Company’s business indicators continued to improve, with net profit recorded at US$ 89mn, a significant YoY surge of 186.6% from US$ 31mn in the same period last year. Adjusted net profit reached US$ 156mn, a YoY increase of 147.1%. Adjusted EBITDA amounted to US$ 436mn, up 24.2% YoY, while Adjusted EBIT grew by 65.4% YoY to US$ 196mn, demonstrating the Company’s strong and sustainable profitability.
Continued market expansion
In H1-2025, J&T’s total parcel volume increased by 27.0% YoY to 13.99bn, with continued market expansion across all regions. Specifically, parcel volume in Southeast Asia (SEA) surged by 57.9% YoY to 3.23bn, with market share significantly increasing to 32.8%. In China, parcel volume grew by 20.0% YoY to 10.60bn. New Markets (including Saudi Arabia, the UAE, Mexico, Brazil, and Egypt) saw parcel volume increase by 21.7% YoY to 170mn.
“In the first half of 2025, the Company achieved solid performance growth despite a changing macroeconomic environment. Both our total revenue and profitability saw significant improvements, benefiting from parcel volume growth and refined operations across our 13 market,” stated Dylan Tey, Chief Financial Officer, J&T Express.
“Looking ahead, we will continue to cultivate our markets, deepen refined management, and continuously invest in technology and innovation to enhance service experience and operational efficiency, creating greater value for our global customers and achieving the Company’s long-term, sustainable development,” remarked Charles Hou, Group Vice President, J&T Express.
