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<Results>JD LOGISTICS 3Q NP RMB2.03B, Down 7.9% YoY
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JD LOGISTICS (02618.HK) announced its 3Q results for the period ended September 2025, with a turnover of RMB55.084 billion, up 24.1% YoY. Net profit was RMB2.03 billion, down 7.9% YoY. Non-IFRS profit amounted to RMB2.02 billion, down 21.5% YoY.

During the period, gross profit and gross profit margin were RMB5 billion and 9.1% each, compared to RMB5.2 billion and 11.7% in the same period last year. Non-IFRS EBITDA was RMB5.317 billion, down 7.1% YoY. EBITDA margin fell by 3.2 ppts YoY to 9.7%.

Related NewsM Stanley Downgrades JD.com (JD.US) to Underweight on Aftereffects of Trade-in Subsidies
Furthermore, the Company's revenue from JD-SW (09618.HK) amounted to RMB21.201 billion, accounting for 38.5%.
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