JD Logistics Inc
02618: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.SK | LOCK|gq | LOCK|?$&ZXhx |
JD Logistics Earnings: Non-IFRS Profit Misses Due to Overseas Investment; Fair Value Trimmed by 2%
JD Logistics' revenue grew 24% year over year in the third quarter, mainly driven by delivery services provided to JD.com. However, non-IFRS profit fell 22% due to investments in the overseas operations and warehouse expansion.
