BRIEF: SF Express says November revenue rose 7% year-on-year
6936.HK
Integrated logistics company SF Holding Co. Ltd. (6936.HK) on Thursday reported its revenue in November reached 25.2 billion yuan ($3.45 Billion), up 6.7% compared with the same period last year.
Revenue from its express logistics business increased by nearly 2.5% year-on-year to 18.8 billion yuan, and parcel volume was up 8.7% at 1.28 billion. But revenue per parcel fell by 5.8% to 14.72 yuan.
In terms of its international and supply chain business, the company said its sea freight was stable in November and demand for international air freight was increasing, driving a 21.7% gain in overall revenue for that business segment to nearly 6.4 billion yuan.
By Lau Chi Hang
To subscribe to Bamboo Works weekly free newsletter, click here
Related Articles
RELATED ARTICLES
-
YTO International ships in new CEO as its revenue fails to deliver
6123.HK -
JD Logistics buys out partner in its race to time-sensitive deliveries
2618.HK
-
ZTO fights for market share as parcel pace slows
2057.HK ZTO.US
-
J&T ditches low-price strategy to focus on customized deliveries
1519.HK
-
Full Truck Alliance fires on all cylinders with strong earnings report
YMM.US
-
SF eyes Hong Kong IPO en route to joining global logistics big leagues
002352.SHE
- NEWS WRAP: Lalatech relaunches IPO fueled by accelerating profits
