BRIEF: SF Express says November revenue rose 7% year-on-year

Integrated logistics company SF Holding Co. Ltd. (6936.HK) on Thursday reported its revenue in November reached 25.2 billion yuan ($3.45 Billion), up 6.7% compared with the same period last year.

Revenue from its express logistics business increased by nearly 2.5% year-on-year to 18.8 billion yuan, and parcel volume was up 8.7% at 1.28 billion. But revenue per parcel fell by 5.8% to 14.72 yuan.

In terms of its international and supply chain business, the company said its sea freight was stable in November and demand for international air freight was increasing, driving a 21.7% gain in overall revenue for that business segment to nearly 6.4 billion yuan.

By Lau Chi Hang

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