CLSA has released a report indicating that JD LOGISTICS (02618.HK) +0.020 (+0.172%) Short selling $13.95M; Ratio 20.156% saw a YoY sales increase of 11% in 1Q25, with non-IFRS net profit rising by 13% YoY and net profit margin remaining stable at 1.6% YoY, basically in line with the broker's expectations.To expand service capacity, particularly in timed express delivery services, JD LOGISTICS has invested more resources in its logistics network, which will impact short-term profitability due to the initial low utilization rate.Related NewsJD-SW 1Q Non-GAAP NP Up 43% to RMB12.76B, Major Beat; US Stock Sags 2% in Pre-mkt SessionCLSA chopped its target price for JD LOGISTICS from HKD17.9 to HKD15.7 to reflect the pressure on short-term earnings growth, but it kept the Outperform rating unchanged as it favored the company's potential improvement in medium to long-term profitability.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 12:25.)