JD Logistics Inc Reports Q3 2025 Earnings: Robust Revenue Growth Amid Rising Costs

JD Logistics Inc (JDLGF) reported Q3 2025 earnings with total revenue of RMB55.1 billion, a 24.1% YoY increase, and non-IFRS net profit of RMB2.02 billion, with a profit margin of 3.7%. Revenue from integrated supply chain customers reached RMB30.1 billion, up 45.8% YoY. However, employee benefit expenses increased by 49.8% YoY, and non-IFRS EBITDA decreased by 7.1% YoY. Despite revenue growth, the non-IFRS profit margin was down 21.5% YoY, suggesting challenges in maintaining profitability.