Shentong 2018 Annual Report: Annual Revenue 17 Billion Increased 34.41% Over The Same Period

Last night, STO released the 2018 annual report. The annual report shows that in 2018, STO completed about 5 billion 112 million business, an increase of 31.13% over the same period, and the total volume of the package accounted for 10.1% of the total.

The company achieved operating income of 17 billion yuan, an increase of 34.41% over the same period last year, a total profit of 2 billion 740 million yuan, an increase of 37.81% over the same period last year, and a net profit of 2 billion 40 million yuan attributable to shareholders of listed companies, an increase of 37.73% over the same period last year.

It is understood that STO Zui was first established in 1993, the company's main business is the express business, the express business products are divided into three categories, one is the standard express business products: Automobile aging products, including time limit delivery, delivery day, morning delivery, 24 hours, 48 hours pieces.

Aviation aging products, including 24 hours of key cities, two are value-added services products: Launch commitments, collection fees, etc. three, express accessories products, provide envelopes, documents bags, cartons and other express packaging.

In March 11th, STO official announced that he had won 4 billion 660 million yuan in Alibaba shares and successfully held 14.65% stake in Shentong.

According to the annual report, at the end of the reporting period, there were 68 pport centers in the STO service network, including 60 self pfer centers, with a self employment rate of about 88.24%, and the company has 2233 separate outlets.

Compared with 2017, it increased by 20.96%, with more than 25000 service sites and stores. The number of routes has reached 10971, representing an increase of 113.57% over the end of 2017, and a more comprehensive express delivery service network has been formed.

In terms of international business, the annual report shows that Shentong will deepen cooperation with Poland post, integrate the resources of China Europe special train, air charter plane and sea pportation, establish a logistics pfer center and a number of overseas warehouses in Eastern Europe in Poland, and expand the express business of China Europe parcel and international express line.