S.F. Holding's January Revenue Rises 8%

MT Newswires Live2025-02-20

S.F. Holding's (SHE:002352, HKG:6936) revenue increased 7.9% to 26.3 billion yuan in January from 24.4 billion yuan in the year-ago period, according to a Wednesday filing with the Hong Kong Exchange.

Revenue from its express logistics business rose 6.5% to 20.8 billion yuan from 19.5 billion yuan.

On a per-parcel basis, revenue slipped 8.2% to 15.61 yuan from 17 yuan a year earlier. Parcel volume jumped 16% to 1.33 billion from 1.15 billion a year earlier.

Revenue from its supply chain and international business operations jumped 14% to 5.51 billion yuan from 4.86 billion yuan.

Shares in S.F. Holding rose 2% in Shenzhen and 1% in Hong Kong during Thursday's afternoon trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment