SF Holdings: the net profit in the first three quarters is expected to be 4.42 billion-4.57 billion yuan, an increase of 146% over the same period last year.

CTOnews.com October 13 news, SF Holdings Co., Ltd. issued a forecast for the first three quarters of 2022, the first three quarters of 2022 results rose sharply compared with the same period last year.

The net profit attributable to shareholders of listed companies is expected to be 4.42 billion yuan to 4.57 billion yuan, an increase of 146% to 154% over the same period last year, and the net profit after deducting non-recurrent gains and losses for shareholders of listed companies is expected to be 3.8 billion yuan to 3.95 billion yuan, an increase of 1041% over the same period last year.

CTOnews.com learned that SF Holdings said that under the background of scientific and accurate epidemic prevention and the positive growth rate of the express delivery industry in China, the company adopted lean management measures to help achieve rapid growth in the third quarter compared with the same period last year and month-on-month:

1) on the revenue side, the company's business volume and operating income growth rate rebounded, by improving service quality and differentiated competitiveness, further consolidate the end-to-end diversified logistics service capacity, and maintain healthy product structure and income growth.

2) on the cost side, the achievements of lean resource planning and cost control are solid, the continuous deepening of multi-network integration and operation mode optimization, the enhancement of resource integration and collaboration, and the continuous improvement of network economies of scale with the pick-up of business volume.

3) merge the results of Kerry Logistics Network Co., Ltd. since the fourth quarter of 2021.