Indonesian logistics giant J&T turns first profit in China, making up bulk of its revenue, despite price war
Indonesian logistics company J&T Global Express reported its first annual profit in China despite an escalating industry price war in its first earnings report since going public in Hong Kong last October. The company recorded a gross profit of US$58.8 million and adjusted earnings before interest, taxes and amortisation of US$30.7 million in China last … Read more
