In 50 Words: Kerry Logistics logs 47% decline in H1 revenue, but grew in Q2

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In 50 Words: Kerry Logistics logs 47% decline in H1 revenue, but grew in Q2

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Kerry Logistics Network (KLN) has reported a 47% decline in revenue to 25.3 billion Hong Kong dollars (US$3.2 billion) and an 85% decrease in core net profit to 368 million Hong Kong dollars (US$46.9 million) for H1 2023. Despite this, the company saw 30% quarter-on-quarter growth in Q2 2023.

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