RTTNews | Nov 18, 2021 10:32AM EST

10:32 Thursday, November 18, 2021 (RTTNews.com) - ZTO Express (Cayman) Inc. (ZTO) shares are gaining on Thursday morning trade after the company reported an increase in third-quarter revenue.

The express delivery company in China said its revenues climbed 11.3 percent to RMB 7.390 billion or $1.147 billion from RMB 6.638 billion last year. The volume for the quarter grew 23.3 percent to 5.7 billion parcels.

Currently, ZTO is at $31.50, up 9.28 percent from the previous close of $28.82 on a volume of 6,375,926. The shares have traded in a range of $25.23-$38.96 on average volume of 2,641,343.

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