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Chinese courier giant SF Holding net profit up 27 pct in 2019

Xinhua News,BEIJING
2020-02-25 11:50

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BEIJING, Feb. 25 (Xinhua) -- China's express delivery giant SF Holding said its net profit for 2019 grew 27.2 percent year on year to 5.8 billion yuan (825 million U.S. dollars) on strong business growth.

Its revenue increased 23.4 percent to 112.2 billion yuan last year, SF Holding said in its preliminary earnings estimate filed to the Shenzhen Stock Exchange.

Shares of SF Holding jumped 4.83 percent to 48.18 yuan at 11:30 a.m. even as the Shenzhen Component Index closed the Tuesday morning trade 1.74 percent lower at 11,567.77 points.
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