Earnings ·
Jayud posts $3.0M net loss and $61.8M revenue for H1 2026 as costs outpace growth
JYDJayud Global Logistics Ltd
Jayud Global Logistics reported a net loss of RMB20.1 million (US$3.0 million) for the six months ended June 30, 2026, compared to a net income of RMB2.3 million in the prior-year period. Total revenues rose 50% to approximately RMB421.0 million (US$61.8 million), driven by increases in freight forwarding and supply chain management services. However, cost of revenue surged 62.8% to RMB425.0 million, resulting in a gross loss of RMB4.0 million versus a gross profit of RMB19.6 million previously. Operating expenses increased slightly to RMB18.8 million. The company operates in the global logistics and freight forwarding industry.