SF Holding reported combined revenue of RMB25.49 billion in August 2026, up 2.83% year on year, according to its latest operating bulletin released to the Hong Kong Stock Exchange.
Express Logistics • Revenue from the core express logistics segment declined 1.35% to RMB18.41 billion. • Parcel volume fell 8.53% to 1.29 billion pieces, reflecting the company’s shift from volume-led to value-led growth. • Average revenue per parcel increased 7.84% to RMB14.31, marking the sixth consecutive month of year-on-year improvement as the upgraded “Stimulate Operation Vitality” program continued to refine product mix and pricing.
Supply Chain & International • Revenue from supply chain and international operations rose 15.55% to RMB7.08 billion, extending the momentum of the group’s “One in Asia with Global Reach” strategy. • Management attributed the performance to expanded global network coverage and rising demand from Chinese enterprises pursuing overseas opportunities.
Aggregate Performance Including both operating pillars, total August revenue reached RMB25.49 billion, underscoring the resilience of SF Holding’s diversified model despite softer express volumes in the domestic market. The disclosed figures are unaudited and may differ from data in forthcoming periodic reports. Shareholders are advised to exercise caution when dealing in the company’s securities.
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