In a filing to the Shenzhen Stock Exchange, YTO Express said the net profit attributable to its shareholders totalled 365 million yuan (54.3 million U.S. dollars) in Q1.
The Shanghai-based company's revenue rose 20.65 percent year on year to 6.44 billion yuan in the said period.
Shares of YTO Express dropped 2.06 percent by 10:10 a.m. Thursday in Shenzhen.
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