Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Haikou Jiangdong New Area
dpa

HOME > dpa

Online retail helps German post exceed expectations in third quarter

November 13, 2019


Abstract : The German postal service Deutsche Post DHL continued to profit from a boom in e-commerce in the third quarter, with its revenue increasing by 4.7 per cent to around 15.6 billion euros (17.2 billion dollars), the company said on Tuesday.

The German postal service Deutsche Post DHL continued to profit from a boom in e-commerce in the third quarter, with its revenue increasing by 4.7 per cent to around 15.6 billion euros (17.2 billion dollars), the company said on Tuesday.

The business in international express mail and parcels in Germany saw particularly dynamic growth, but business was also good in other divisions, the Bonn-based postal and logistics group said.

Its operating profit rose from 376 million euros to 942 million euros in the three months from July to September, while its net profit reached 561 million euros - up from 146 million euros a year earlier, when special effects weighed on its results.

Chief executive Frank Appel said he continues to expect an operating profit of between 4 billion euros and 4.3 billion euros for this financial year.

"We are growing even in uncertain times," he said in a statement. "For the fourth quarter, we anticipate a traditionally strong holiday season."



Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: online-retail German-post

Reading:

Singles' Day gains popularity among Danish online shoppers

JD.com's online shopping spree sales hit 204 bln yuan

China's rural policy bank vows to strengthen credit support for hog production

JD Digits to cooperate with OneBank

China Focus: Faster logistics powers Singles' Day shopping

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial