On April 11, SF released the performance forecast for the first quarter of 2022 and the data announcement of March business. The announcement shows that SF turned losses into profits in the first quarter. In the first three months of 2022, S.F.Holding Co.Ltd(002352) the net profit attributable to the shareholders of the listed company was about 950 million yuan to 1.1 billion yuan, with a year-on-year increase of 196% – 211%; The net profit after deducting non-profit was 850 million yuan to 1 billion yuan, with a year-on-year increase of 175% – 188%; Earnings per share are 0.19 yuan -0.22 yuan.
From the perspective of monthly data statistics, after consolidating Kerry Logistics, SF’s revenue in the first quarter reached 59.797 billion yuan, a year-on-year increase of 41.62%, setting a record high in the first quarter; Under the disturbance of epidemic factors, the express business maintained stable growth, with a revenue of 39.592 billion yuan in the first quarter, a year-on-year increase.
SF said that after the loss in the first quarter of 2021, the company has been strengthening its internal strength, focusing on quality growth, actively optimizing the product structure and reducing the number of products with low gross profit. At the same time, it adheres to lean cost control, continues to implement four networks integration, strengthens the resource integration of sites and lines, and strengthens the resource coordination across business sectors during the Spring Festival, so as to improve the efficiency of resource use and allocate resources more scientifically.
According to the data of China’s menstrual epidemic, the total revenue reached 18.895 billion yuan, with a year-on-year increase of 28.3% in Shunfeng and other factors; The express logistics business achieved a revenue of 12.463 billion yuan and a business volume of 803 million tickets, which decreased year-on-year; Although affected by the epidemic, SF still insists on quality development. In March, the single ticket income remained at 15.52 yuan / ticket, an increase of 2.24% year-on-year, maintaining a stable growth.
It is reported that in the face of the complex and changeable epidemic situation, SF has upgraded its control measures for express delivery in the receiving, transferring and dispatching links to fully ensure the safety of employees and customers. At the same time, SF is also allocating resources to support the anti epidemic work. While ensuring the service quality and improving the service core, we will try our best to expand and ensure Shunfeng’s anti epidemic logistics line.
