SHE:002120

YUNDA Holding's Express Delivery Service Revenue Jumps Nearly 7% in May

YUNDA Holding's (SHE:002120) express delivery service revenue rose 6.8% year over year to 4.72 billion yuan in May, according to a Thursday filing with the Shenzhen bourse.Revenue per parcel increased 7.3% to 2.06 yuan.Express delivery volume reached 2.29 billion parcels, down 0.5%.

YUNDA Buys Back 50 Million Yuan of Shares

Yunda Holding (SHE:002120) bought back about 6.4 million shares for about 50 million yuan as of May 31, according to a Wednesday filing with the Shenzhen bourse.The express delivery service company repurchased the shares at up to 8.05 yuan apiece.The buyback is part of a plan to repurchase between 50 million yuan and 100 million yuan of shares for up to 10.32 yuan apiece.

Yunda Holding Posts 6% Rise in April Express Logistics Revenue

Yunda Holding (SHE:002120) logged 4.4 billion yuan in revenue from express delivery services in April, up 6.0% year over year.Completed transaction volume slid 4.1% to 2.08 billion parcels, according to a Wednesday filing with the Shenzhen bourse.Revenue per express delivery order rose 10% to 2.11 yuan.Shares of the logistics services provider were down 2% in recent trade.

Jefferies Adjusts Yunda Holding's Price Target to 8 Yuan from 7.70 Yuan, Keeps at Hold