SF Holding reports robust october logistics growth with express and parcel surge

SF Holding’s total revenue for October 2025 reached CNY 264.54 bn, a 9.79% increase year-on-year. This growth was primarily driven by the robust performance of its express and logistics business, which saw revenues climb by 13.68%. The volume of parcels handled in this segment surged by 26.26%, reflecting the company's focus on high-quality service and stable operations to meet demand during e-commerce promotional seasons.

The average revenue per parcel for the express and logistics business was CNY 13.18. Meanwhile, the supply chain and international businesses contributed CNY 63.63 bn to the total revenue, experiencing a slight year-on-year decrease of 0.93%. This decline was attributed to fluctuations in international trade, a slowdown in the air cargo market, and a significant drop in sea freight prices compared to the same period last year.

Despite the headwinds in the international freight market, SF Holding leveraged its global network and diverse product portfolio to maintain stable cargo volumes for its international freight forwarding business. The company also achieved rapid growth in its international express and cross-border e-commerce logistics businesses, actively adapting to market changes and capitalizing on opportunities for global expansion.