ZTO Express Sees FY Revenue Growth, Raises $1.5B Via Convertible Senior Notes

ZTO Express, a Chinese express delivery company, announced preliminary FY 2025 results with total revenues projected at RMB 48.5B to RMB 50B, up 9.5% to 12.9% from RMB 44.28B in 2024. Gross profit is estimated at RMB 12.15B to RMB 12.55B, down 6.4% to 7.1% from RMB 13.1B in 2024. ZTO also raised $1.5B via convertible senior notes.