Business

Chinese courier giant SF Holding reports strong revenue growth

Xinhua

Updated: 2020-08-30 16:57

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Workers unload freight for SF Express at Xingdong Airport, Nantong, Jiangsu province. [Photo/China Daily]

BEIJING - China's express delivery giant SF Holding reported big revenue growth in the first half of this year, according to its financial report.

SF Holding's revenue in H1 rose 42.05 percent year-on-year to 71.13 billion yuan ($10.33 billion).

The company's net profit expanded by 21.35 percent year on year to 3.76 billion yuan during the same period.

The courier sector bore the brunt of the COVID-19 outbreak at the beginning of 2020, but it continues to rebound as the epidemic wanes.

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