The Zhitong Finance App learned that J.P. Morgan Chase published a research report stating that J.P. Morgan Express - W (01519) had positive mid-term performance and was the only company in China Logistics Co., rated by the bank that also surpassed expectations and upward guidelines. Revenue during the period increased 39.5% year over year to 7.67 billion US dollars, adjusted net profit surged 124% year over year to 351 million US dollars, gross margin expanded 3.4 percentage points to 13.2%, and operating cash flow increased by 50.9% year on year to 636 million US dollars, which will support continued investment in automation and share repurchases. Motong maintained Goku Express's “gain” rating. The target price was raised from HK$13 to HK$14, corresponding to the 2027 non-IFRS forecast price-earnings ratio of about 14 times.

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