YTO International Express and Supply Chain Technology Limited (the “Company”) reported a 54.4% year-on-year revenue increase to HK$2.18 billion for the six months ended 30 June 2026, driven by strong gains in air-freight and international express volumes.

Gross profit rose 63.4% to HK$144.89 million, lifting gross margin to 6.6% from 6.3% a year earlier. Higher administrative expenses, however, kept the bottom line in negative territory: net loss attributable to shareholders edged up 2.2% to HK$61.69 million (1H25: HK$60.44 million).

Segment performance showed diverging trends: • Air freight revenue climbed 61.5% to HK$1.37 billion, contributing 62.8% of total revenue; gross profit surged to HK$78.20 million on cost-optimisation of charter operations. • Ocean freight revenue slipped 5.7% to HK$253.25 million amid softer container demand; gross profit eased to HK$52.30 million. • International express and parcel services doubled, with revenue up 112.8% to HK$468.88 million and gross profit rising four-fold to HK$10.00 million on expanded cross-border routes. • Logistics revenue improved 9.9% to HK$42.34 million, though gross profit fell to HK$3.46 million. • Other services delivered HK$47.47 million revenue (+27.0%) but gross profit contracted to HK$1.03 million, reflecting margin pressure.

Cash and cash equivalents stood at HK$547.49 million, down 10.0% from end-2025, with operating cash outflow of HK$112.65 million (1H25: inflow of HK$138.57 million). The Company reported HK$779.44 million in working capital and a current ratio of 1.83. Bank borrowings of HK$80.61 million resulted in a gearing ratio of 8.2%, but the Group remained in a net cash position.

No interim dividend was declared. There were no material acquisitions, disposals, or capital commitments during the period.

Management reiterated its international growth strategy centred on a “1+7+Premium Routes” network, continued investment in digitalisation and AI, and further expansion in key corridors such as China-Australia, China-Japan, Central Asia, the Middle East and Eastern Europe. The Company maintains a cautiously optimistic outlook despite global macroeconomic uncertainties.

The board confirmed full compliance with the Hong Kong Listing Rules’ Corporate Governance Code, and no shares were repurchased or issued under the Company’s share award plan during the period.