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").

articleHangzhou Sf Intra-city Industrial Co., Ltd. Class HAugust 28, 202515/company/hangzhou-sf-intra-city-industrial-co-ltd/news/sf-intra-city-delivers-high-quality-sustainable-growth-in-1h-2025
SF Intra-city Delivers High-Quality, Sustainable Growth in 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...

More updates from Hangzhou Sf Intra-city Industrial Co., Ltd. Class H

delivery servicesYoYintra-cityrevenue growthRMBfood deliveryoperational efficiency