Jetpak Top Holding AB Reports Earnings Results for the Second Quarter and Six Months Ended 30 June 2021
August 26, 2021 at 05:30 am
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Jetpak Top Holding AB (publ) reported earnings results for the second quarter and six months ended 30 June 2021. For the quarter, total revenue increased by 26,0% to SEK 256,438,000 compared to SEK 203,501,000. Operating profit amounted to SEK 24,792,000 compared to SEK 8,293,000 a year ago. Net income amounted to SEK 16,587,000 compared to SEK 4,113,000 a year ago. Basic earnings per share amounted to SEK 1.38 compared to SEK 0.34 a year ago. Diluted earnings per share amounted to SEK 1.35 compared to SEK 0.33 a year ago.
For the six months, total revenue increased by 14.4% to SEK 256,438,000 compared to SEK 203,501,000 a year ago. Operating profit amounted to SEK 46,640,000 compared to SEK 23,115,000 a year ago. Net income amounted to SEK 31,005,000 compared to SEK 12,564,000 a year ago. Basic earnings per share amounted to SEK 2.58 compared to SEK 1.05 a year ago. Diluted earnings per share amounted to SEK 2.52 compared to SEK 1.02 a year ago.
Jetpak Top Holding AB (publ) is a Sweden-based holding company of the Jetpak Group, a logistics and delivery provider. The Company provides time-critical express deliveries in the Nordic region, as well as several other European countries. It specializes in flight-based, door-to-door, long-distance deliveries aimed primarily at the business to business (B2B) sector. The Company's uses its information technology (IT) platform JENA to find the optimal transport route, combining air and road transport. The Company operates through two segments: Express Ad-hoc and Express Systemized. Express Ad-hoc segment comprises ad-hoc orders for flexible and time-critical courier services. Express Systemized segment comprises systematic orders for parcel shipments. The Company's point-to-point network covers more than 150 locations.