SF’s traditional express delivery business is gradually slowing down, and the growth rate is far below the industry average.
文 | Daily Business Collection
The growth rate of express delivery business is slowing down, how can SF create logistics “department store”
On the evening of August 27, SF Holdings released the semi-annual report for 2019. The financial report showed that the company’s revenue for the first half of the year was 50.075 billion yuan, a year-on-year increase of 17.68%, and the net profit was 3.101 billion yuan, a year-on-year increase of 40.35%. However, although the revenue exceeded 50 billion, the growth rate was slower than the overall growth rate of the national express delivery industry. According to the National Post Bureau, the revenue of express delivery business in the first half of this year increased by 23.3%.
The business structure of SF has also undergone some changes. On the one hand, SF’s traditional express delivery business is gradually slowing down, and the growth rate is far below the industry average. In the first half of the year, the national express delivery service business volume totaled 27.76 billion pieces, a year-on-year increase of 25.7%, while SF’s financial report showed that the company’s first half of the express business volume was 2.017 billion, an increase of only 8.54%.
In the face of the performance pressure of traditional business, SF launched in the e-commerce market in May this year…
Editor’s comment: Although SF’s transformation of integrated logistics service providers is very determined, but the business of diversified express delivery companies are not only SF. In the Express section…
This article is from the paid section “Daily Business Featured” – August 28
Less than $1 per day, in-depth information + editorial review, save time and worry Read efficiently
[Limited Eggs]Poke this subscription, reduce 10 yuan>>
purchased users poke this to view the full content or listen to the full audio>< /h3>
< /p>