CJ Logistics reports first-quarter operating profit of 92.1 billion won, up 7.9% year-over-year but falling short of market consensus of 101.6 billion won, as revenue reached 3.2145 trillion won with a 7.4% increase from the previous year.
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CJ Logistics Posts Q1 Operating Profit of 92.1 Billion Won, Missing Estimates
CJ Logistics reports first-quarter operating profit of 92.1 billion won, up 7.9% year-over-year but falling short of market consensus of 101.6 billion won, as revenue reached 3.2145 trillion won with a 7.4% increase from the previous year.
CJ Logistics Corp. expects first-quarter operating profit to surge 22% year-over-year to 104.3 billion won, driven by strong parcel delivery performance from its seven-day delivery service, though contract logistics business faces headwinds from initial client onboarding costs and weak port volumes.
#YonhapInfomax #CJLogistics #ParcelDelivery #OperatingProfit #ContractLogistics #SevenDayDelivery #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=116983CJ Logistics Corp. restructures Vietnam operations by acquiring full control of logistics division GLH through stake swap with Gemadept, while divesting shipping division GSH to focus on high-growth contract logistics business expansion
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CJ Logistics Accelerates Vietnam Contract Logistics Business
CJ Logistics Corp. restructures Vietnam operations by acquiring full control of logistics division GLH through stake swap with Gemadept, while divesting shipping division GSH to focus on high-growth contract logistics business expansion
CJ Logistics partners with Merlolab to develop smart LED-based worker location tracking technology, leveraging IoT sensors to enhance distribution center safety and operational efficiency through real-time movement analysis
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CJ Logistics Develops Location Tracking Technology with Merlolab to Boost Distribution Center Productivity
CJ Logistics partners with Merlolab to develop smart LED-based worker location tracking technology, leveraging IoT sensors to enhance distribution center safety and operational efficiency through real-time movement analysis
CJ Logistics has launched full-scale operations at its Saudi Global Distribution Center in Riyadh, aiming to strengthen its presence in the Middle East e-commerce logistics market with advanced automation and regional supply capabilities.
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CJ Logistics Launches Full-Scale Operations at Saudi Logistics Center, Accelerating Middle East Expansion
CJ Logistics has launched full-scale operations at its Saudi Global Distribution Center in Riyadh, aiming to strengthen its presence in the Middle East e-commerce logistics market with advanced automation and regional supply capabilities.
CJ Logistics Achieves Record Quarterly Operating Profit in Q4 on 'O-NE' Daily Delivery Service Boost (Comprehensive)
CJ Logistics posted record Q4 operating profit, driven by its 'O-NE' daily delivery service and robust contract logistics growth, surpassing market expectations.
CJ Logistics Posts Q4 Operating Profit of 159.6 Billion Won, Up 3.4%—Slightly Beats Estimates (Update)
CJ Logistics Corp. reported a 3.4% year-on-year rise in Q4 operating profit to 159.6 billion won, slightly beating market expectations, while shares jumped over 5% in early trading.
CJ Logistics Q4 Operating Profit Rises 3.4% to KRW 159.6 Billion, Slightly Beating Estimates
CJ Logistics posts a 3.4% year-on-year increase in fourth-quarter operating profit to KRW 159.6 billion, narrowly surpassing market expectations.
CJ Logistics Corp. attracted over 1 trillion won ($845 million) in orders for its latest corporate bond issuance, reflecting strong investor demand and enabling a potential upsizing of the offering.
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CJ Logistics Attracts 1 Trillion Won in Bond Bookbuilding, Signals Strong Demand
CJ Logistics Corp. attracted over 1 trillion won ($845 million) in orders for its latest corporate bond issuance, reflecting strong investor demand and enabling a potential upsizing of the offering.
Ministry of Oceans and Fisheries to Begin Relocation to Busan on December 8—249 Trucks to Be Deployed
The Ministry of Oceans and Fisheries will begin relocating to Busan on December 8, deploying 249 trucks and over 60 personnel daily, with CJ Logistics overseeing the move.
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