JD Logistics Inc

02618: XHKG (HKG)
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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.

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