A smart sorting system sorts packages at a distribution center of SF Express in Qingdao, east China's Shandong Province, Nov. 7, 2021. (Photo by Liang Xiaopeng/Xinhua)
BEIJING, Oct. 14 (Xinhua) - Net profit of China's courier giant S.F. Holding Co., Ltd. (S.F. Holding, 002352.SZ) is expected to achieve a 146 percent - 154 percent year-on-year growth to 4.42 billion yuan to 4.57 billion yuan in the first three quarters of the year, according to the company’s announcement on Thursday.
During the same period, the company's deduct non-net profit is expected to be around 3.8 billion yuan to 3.95 billion yuan, hiking 1041 percent - 1086 percent over the same period last year, according to the announcement.
Among which, S.F. Holding's net profit in the third quarter is expected to be 1.91 billion yuan to 2.06 billion yuan, surging 84 percent - 99 percent from a year earlier.
According to S.F. Holding, by improving service quality and differentiated competitiveness, the company further consolidated its end-to-end diversified logistics service capabilities and maintained a healthy product mix and revenue growth.
It is noted that the SF South China Aviation Hub (Guangzhou), jointly built by Guangdong Airport Authority and S.F. Holding, officially entered operation on October 6.
The proportion of S.F. Holding's supply chain and international business has also continued to rise. In the first half of this year, S.F. Holding's supply chain and international business revenue reached 46.53 billion yuan in the first half of the year, a year-on-year increase of more than 442.7 percent.
In addition, S.F. Holding launched a 2 billion yuan repurchase plan again in September this year, expressing the company's confidence in the future development prospects and high recognition of the company's value. (Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)
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