Full Truck Alliance Co Ltd (NYSE:YMM) reported second-quarter sales growth of 34.1% year-over-year to 2.764 billion Chinese yuan or $380.379 million, beating the consensus of $373.282 million.
Freight matching services revenues rose 34.4% year over year, reflecting a significant increase in transaction service and the continued growth in freight brokerage service.
General and administrative expenses increased to RMB219.2 million from RMB201.7 million last year, reflecting higher share-based compensation expenses.
Adjusted operating income increased 55.1% Y/Y to RMB699 million. Adjusted net income per ADS stood at RMB0.91 or $0.13, which ...
