Business
SF Holding Delivered Record High 2024 Financial Results
S.F. Holding Co., Ltd. ('SF Holding' or 'SF' or 'the Company', 002352.SZ; 06936.HK), the largest integrated logistics service provider in Asia, has announced 2024 financial results, demonstrating strong growth in both revenue and profitability.
About this update from S.f. Holding Co., Ltd. Class A
[{"type":"list","items":[{"val":[{"type":"text","content":"Record-high annual revenue: RMB284.4 billion, up 10.1% year-over-year","length":69,"tagName":"p"}]},{"val":[{"type":"text","content":"Record-high annual net profit attributable to owners of the company: RMB10.2 billion, up 23.5% year-over-year","length":109,"tagName":"p"}]},{"val":[{"type":"text","content":"Delivered total shareholder return of RMB10.7 billion","length":53,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":231,"olType":false},{"type":"text","content":"SHENZHEN, China, March 31, 2025 /PRNewswire/ -- S.F. Holding Co., Ltd. ('SF Holding' or 'SF' or 'the Company', 002352.SZ; 06936.HK), the largest integrated logistics service provider in Asia, has announced 2024 financial results, demonstrating strong growth in both revenue and profitability.","length":321,"tagName":"p"},{"type":"text","content":"The Company has an efficient and reliable logistics network infrastructure rooted in China, radiating Asia, and connecting the world. Focusing on its logistics ecosystem, SF Holding has continued to enhance its portfolio of product and service capabilities to provide customers with domestic and international one-stop integrated logistics services.","length":349,"tagName":"p"},{"type":"text","content":"Commenting on the Company's 2024 results, Mr. Alex Ho, SF Holding's Executive Director and Chief Financial Officer, said: "2024 stands as a defining milestone for SF Holding – crowned by high customer satisfaction, record total revenue and profitability, as well as our successful listing on the Hong Kong Stock Exchange in November 2024. Through disciplined capital allocation and operational excellence, we generated robust operating cash flows, translating into sustainable free cash flow growth."","length":518,"tagName":"p"},{"type":"text","content":"2024 Operational Highlights","length":27,"tagName":"p"},{"type":"text","content":"In 2024, the Company achieved strong growth by focusing on its key strategy, "Unite for Shared Goals, Pioneer with Steadfast Drive." As part of this strategy, SF Holding strengthened organizational vitality by upgrading incentive systems and granting greater business authority to frontline employees. Additionally, the Company enhanced the role of headquarters in supporting business regions, aligning int...