On April 11, S.F.Holding Co.Ltd(002352) released the performance forecast for the first quarter of 2022: the company turned loss into profit in the first quarter of 2022 compared with the same period of the previous year. It is estimated that the net profit attributable to the shareholders of the listed company is 950 million yuan – 110 million yuan, with a year-on-year increase of 196% – 211%, while the loss in the same period of last year is 989 million yuan; It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is 850 million yuan – 1 million yuan, with a year-on-year increase of 175% – 188%, while the loss in the same period of last year is 113385 million yuan; It is estimated that the profit per share is 0.19-0.22 yuan, while the loss per share in the same period of last year is 0.22 yuan.
The performance forecast further points out that although the company’s business volume fluctuated in March due to the closure and control of the epidemic in some cities in China, the company still achieved good business results in the first quarter and turned losses into profits over the same period last year, mainly due to: 1) the company continued to focus on the core logistics strategy and emphasized sustainable and healthy development; 2) Actively optimize the product structure and reduce the number of products with low gross profit; 3) Adhere to lean cost control, improve input-output efficiency, improve the management of resource use efficiency by means of science and technology, continue to promote the integration of four networks, strengthen the integration of site and line resources, and strengthen the resource coordination across business sectors during the Spring Festival; 4) Business profitability improved and new businesses reduced losses year-on-year; 5) The results of Kerry Logistics networking Co., Ltd. have been consolidated since the fourth quarter of 2021.
The final tip of the performance forecast: the performance forecast for the first quarter of 2022 is the preliminary calculation result of the company’s financial department. The specific financial data shall be subject to the report for the first quarter of 2022 disclosed by the company. Please pay attention to the investment risk.
