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Chinese courier giant reports strong business growth in October

Xinhua News,SHANGHAI
2020-11-19 12:57

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SHANGHAI, Nov. 19 (Xinhua) -- China's express delivery giant S.F. Holding Co., Ltd. reported strong business growth in October amid the country's e-commerce boom.

Revenue from its core express logistics business reached 12.06 billion yuan (about 1.84 billion U.S. dollars) last month, a year-on-year increase of 34.22 percent, the company said in a filing with the Shenzhen Stock Exchange.

The company generated revenue of 649 million yuan from its supply chain service in October, up 28.77 percent year on year.
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