Lexin Logistics (02490) announced interim results. Profit attributable to shareholders of 159 million yuan increased by 42.89% year-on-year

According to the Zhitong Finance App, Lecin Logistics (02490) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 885 million (same unit), a year-on-year decrease of 2.24%; profit attributable to owners of the parent company was 159 million yuan, an increase of 42.89% over the previous year; and profit per share was 0.28 yuan.

During this period, the Group mainly provided cross-border logistics services covering global destinations through third-party shipping companies. The Group's volume of cross-border shipping services provided by third parties was 183,519 TEUs, down about 6.9% from 197,195 TEUs in the same period in 2025, mainly due to increased competition in the company's market during this period. The Group's average price of cross-border shipping per TEU provided by a third party increased from about 3774.9 yuan for the six months ended June 30, 2025 to about 4071.8 yuan during the current period, mainly due to rising market freight rates.

During this period, the Group operated its own cross-border logistics service for bulk goods transportation, with bulk goods transportation routes between China and Africa. Self-operated cross-border logistics services account for about 5.0% of cross-border logistics service revenue. For the six months ended June 30, 2026, the Group's self-operated cross-border shipping service volume was 51,851 billable tons. For the six months ended June 30, 2026, the average price of the Group's self-operated cross-border shipping per billable ton was 827.0 yuan.