SF Intra-city Reports Impressive Revenue Growth Amid Rising Demand for Instant Delivery Services
Hangzhou SF Intra-city Industrial Co., Ltd., known as SF Intra-city and listed under stock code 9699.HK, has revealed commendable findings regarding its annual performance for the fiscal year ending December 31, 2024. The company anticipates its net profit attributable to shareholders will surge by over 100% compared to the previous year, alongside a revenue increase of at least 25%. Particularly noteworthy is the growth in revenue for the latter half of the year, which is projected to exceed 30% year-on-year.
This impressive growth trajectory can be attributed to several critical factors. First, the sustained rise in consumer spending in China's catering and retail sectors has enhanced the demand for on-demand delivery services. SF Intra-city has adeptly capitalized on this trend, benefiting from an increasingly service-oriented economy.
Secondly, the rapid expansion of the on-demand delivery sector has propelled SF Intra-city's order volume growth in intra-city deliveries. Notably, every segment of the company is showing balanced and healthy development, affirming SF Intra-city's robust business model.
Moreover, the company has seen a notable increase in its market share and penetration rates, driven by significant technological advancements and enhancements in its digital intelligence capabilities. Customers have begun to recognize the value of independent third-party delivery services, which has helped SF Intra-city gain a competitive edge.
Another factor contributing to the company's success is its continuous focus on operational efficiency. By optimizing its resource management and leveraging economies of scale, SF Intra-city has seen improvements in both its gross profit margin and expense ratio.
In recent months, a surge in domestic consumption has intensified the demand for intra-city instant delivery, particularly during festive periods. Data from SF Intra-city indicates that order volumes skyrocketed with an 81% increase during Christmas 2024 compared to the previous year. Furthermore, the company reported a remarkable 92% rise in orders on New Year's Day 2025, with some categories, such as supermarkets and beauty products, witnessing order volumes double year-on-year.
As the Spring Festival approaches, SF Intra-city is equipped to meet the escalating demand for delivery services. The company remains dedicated to its promise of continuous service, emphasizing that it will operate without breaks during the festive season, demonstrating its commitment to customer satisfaction.
Reflecting on the past year, SF Intra-city has demonstrated a proactive approach to local lifestyle services, constantly adjusting to market needs while executing strategic business plans. This dedication has led to significant favorable outcomes for the organization.
Going forward, SF Intra-city aims to prioritize high-quality and sustainable growth. Efforts will focus on tapping into diverse traffic sources, fostering local retail markets, and expanding its network of third-party delivery services. The company's strategy includes enhancing its technological capabilities and exploring new partnerships to expand the boundaries of its services.
By ensuring customer satisfaction and anticipating market trends, SF Intra-city positions itself not only to enhance its profitability but also to deliver substantial value to its shareholders and the community at large. The company's plans signify an ambitious roadmap aimed at redefining on-demand fulfillment services on a large scale. As SF Intra-city forges ahead, it remains committed to enhancing the efficiency of its operations and providing unmatched services to its clientele, carving a path for sustainable growth in the dynamic landscape of instant delivery services.
This impressive growth trajectory can be attributed to several critical factors. First, the sustained rise in consumer spending in China's catering and retail sectors has enhanced the demand for on-demand delivery services. SF Intra-city has adeptly capitalized on this trend, benefiting from an increasingly service-oriented economy.
Secondly, the rapid expansion of the on-demand delivery sector has propelled SF Intra-city's order volume growth in intra-city deliveries. Notably, every segment of the company is showing balanced and healthy development, affirming SF Intra-city's robust business model.
Moreover, the company has seen a notable increase in its market share and penetration rates, driven by significant technological advancements and enhancements in its digital intelligence capabilities. Customers have begun to recognize the value of independent third-party delivery services, which has helped SF Intra-city gain a competitive edge.
Another factor contributing to the company's success is its continuous focus on operational efficiency. By optimizing its resource management and leveraging economies of scale, SF Intra-city has seen improvements in both its gross profit margin and expense ratio.
In recent months, a surge in domestic consumption has intensified the demand for intra-city instant delivery, particularly during festive periods. Data from SF Intra-city indicates that order volumes skyrocketed with an 81% increase during Christmas 2024 compared to the previous year. Furthermore, the company reported a remarkable 92% rise in orders on New Year's Day 2025, with some categories, such as supermarkets and beauty products, witnessing order volumes double year-on-year.
As the Spring Festival approaches, SF Intra-city is equipped to meet the escalating demand for delivery services. The company remains dedicated to its promise of continuous service, emphasizing that it will operate without breaks during the festive season, demonstrating its commitment to customer satisfaction.
Reflecting on the past year, SF Intra-city has demonstrated a proactive approach to local lifestyle services, constantly adjusting to market needs while executing strategic business plans. This dedication has led to significant favorable outcomes for the organization.
Going forward, SF Intra-city aims to prioritize high-quality and sustainable growth. Efforts will focus on tapping into diverse traffic sources, fostering local retail markets, and expanding its network of third-party delivery services. The company's strategy includes enhancing its technological capabilities and exploring new partnerships to expand the boundaries of its services.
By ensuring customer satisfaction and anticipating market trends, SF Intra-city positions itself not only to enhance its profitability but also to deliver substantial value to its shareholders and the community at large. The company's plans signify an ambitious roadmap aimed at redefining on-demand fulfillment services on a large scale. As SF Intra-city forges ahead, it remains committed to enhancing the efficiency of its operations and providing unmatched services to its clientele, carving a path for sustainable growth in the dynamic landscape of instant delivery services.
Topics Consumer Products & Retail）
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