Besides, based on the results of the quarterly review of the Hang Seng Family of Indexes announced by Hang Seng Indexes Company Limited on 16 August 2024, the Group has been included as a constituent stock of the Hang Seng Family of Indexes including the Hang Seng Composite Index, with effect from September 9, 2024. Following the inclusion of the Group in the Hang Seng Composite Index, the Group's stocks will be eligible for trading on "Stock Connect," The inclusion reflects the capital market's recognition of the Group's business performance and growth outlook.
Looking ahead, the management team of SF intra-city said, "We will embrace market opportunities in the diversified traffic, local retail development, accelerated intra-city logistics, and the ongoing expansion of third-party on-demand delivery services. We will continue to expand on a large-scale, covering a wide range of scenarios, providing excellent services and establishing a solid network, to enhance medium to long-term revenue and profit potential. The Group will also continue to invest part of the profit margins brought by operational efficiency improvements and cost reductions into business development and lean operations to form a virtuous cycle of operations. SF Intra-city will also adapt to evolving consumer trends, focusing on serving customers, industries, and society, creating more flexible income opportunities, and generating broader value for our customers and shareholders."
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View original content:https://www.prnewswire.com/news-releases/sf-intra-city-09699hk-achieved-high-quality-revenue-growth-of-around-20-in-the-first-half-of-2024-net-profit-doubled-302233851.html
SOURCE SF Intra-city
/CONTACT: Joanne Chan, Tel: (852)3679 3671, Email: jchan@lbs-comm.com; Jason Ho, Tel: (852)9836 3448, Email: iho@lbs-comm.com
(END) Dow Jones Newswires
August 29, 2024 03:49 ET (07:49 GMT)
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