Core Viewpoint - SF Holding Co., Ltd. reported a total revenue of RMB 27.173 billion for November 2025, reflecting a year-on-year growth of 7.85% in its express logistics and supply chain businesses [3] Group 1: Express Logistics Business - The express logistics business revenue increased by 9.88% year-on-year, with a business volume growth of 20.13% [3] - The company emphasizes sustainable and healthy development, enhancing operational mechanisms to meet the delivery demands during the e-commerce promotional season, thus driving high-quality business growth [3] Group 2: Supply Chain and International Business - The international freight forwarding business faced challenges due to fluctuations in international trade and a slowdown in freight market demand, leading to a significant drop in sea freight prices compared to the same period last year [3] - Despite these challenges, the company leveraged its global network and diverse product offerings to adapt to market changes, maintaining stable cargo volumes in international freight forwarding [3] - Revenue from international express and cross-border e-commerce logistics continued to grow at a rapid pace year-on-year [3]
顺丰控股股份有限公司2025年11月快递物流业务经营简报