JD Logistics Inc. has announced its unaudited financial results for the three months ended March 31, 2025. The company reported a revenue increase of 11.5% year-over-year, reaching RMB 46.97 billion, up from RMB 42.14 billion in the same period last year. Gross profit rose by 4.8% to RMB 3.39 billion, compared to RMB 3.23 billion in the previous year. The profit before income tax experienced a significant rise of 84.4%, amounting to RMB 743 million, up from RMB 403 million in the prior year. Profit for the period also saw a substantial increase of 89.5%, reaching RMB 610.6 million, compared to RMB 322.3 million in the first quarter of 2024. Non-IFRS measures showed a non-IFRS profit for the period of RMB 751.5 million, representing a 13.4% increase from the previous year's RMB 662.7 million. The non-IFRS EBITDA for the period was reported at RMB 3.76 billion, a 2.9% rise compared to RMB 3.65 billion in 2024. The non-IFRS profit margin remained stable at 1.6%, while the non-IFRS EBITDA margin saw a slight decrease of 0.7 percentage points, standing at 8.0% compared to 8.7% previously. JD Logistics continues to emphasize the importance of inventory management within its integrated supply chain solutions and logistics services, regularly reviewing its customer base that utilizes its warehouse or inventory management services.
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