Business
SF Intra-city Delivers High-Quality, Sustainable Growth in 1H 2025
Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group"; Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, announced its unaudited interim results for the six months ended 30 June 2025 (the "Reporting Period" or the "1H 2025").
About this update from Hangzhou Sf Intra-city Industrial Co., Ltd. Class H
[{"type":"text","content":"Interim Revenue Up 48.8%, Surpassing RMB Ten Billion ","length":52,"tagName":"p","attribs":{}},{"type":"text","content":"Net Profit Maintained Solid Growth, Reaching a Record High","length":58,"tagName":"p","attribs":{}},{"type":"text","content":"Driven by Customer Base Optimization, Digital-intelligent Lean Management, and Network Scale Effects","length":105,"tagName":"p","attribs":{}},{"type":"text","content":"Results Highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased by 48.8% year-on-year ("YoY") to RMB 10,236 million","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit increased by 43.8% YoY to RMB 680.8 million, with a gross profit margin of 6.7%, remaining stable","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit attributable to owners of the Company was approximately RMB 137.0 million, representing a YoY growth of 120.4%, exceeding the full-year level of 2024 and reaching a record high. Net profit margin stood at 1.3%; adjusted net profit for the period (non-IFRS Accounting Standards measure) grew by 139.0% to RMB160.2 million with an adjusted net profit margin of 1.6%","length":370,"tagName":"p"}]},{"val":[{"type":"text","content":"Order volume generated by intra-city delivery services grew by over 50% YoY, with revenue reaching RMB 5,778.7 million, representing a YoY increase of 43.1%. Of this revenue, approximately RMB 4,466.9 million came from intra-city delivery services for merchants, reflecting a YoY increase of 55.4%, while revenue from intra-city delivery services for consumers was approximately RMB 1,311.8 million, representing a YoY increase of 12.7%","length":451,"tagName":"p"}]},{"val":[{"type":"text","content":"Revenue from last-mile delivery services amounted to approximately RMB 4,457.3 million, representing a YoY increase of 56.9%","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"During the 12 months ended 30 June 2025, the number of active merchants on the platform reached 850,000, representing a YoY increase of 55%, while the scale of active consumers continued to expand, reaching over 24.77 million","length":230,"tagName":"p"}]},{"val":[{"type":"text","content":"During the 12 months ended 30 June 2025, the number of annual active riders on t...
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