SF Intra-city Reports Strong First Half Performance in 2026 with Revenue Growth and Profit Margin Expansion
Hangzhou SF Intra-city Industrial Co., Ltd. (9699.HK) reported strong financial results for the first half of 2026, driven by increased demand across its delivery services and operational improvements. The company achieved a year-on-year revenue growth of 14.7% to RMB 11,739.5 million, with gross profit rising 20.9% to RMB 823.2 million. Profit for the period attributable to owners surged by 154.9%, reaching RMB 349.3 million, while adjusted net profit increased by 70.8% to RMB 265.8 million. The growth was supported by a significant rise in order volume from intra-city delivery services—up over 30% YoY—and the expansion of its unmanned vehicle network across 124 cities with more than 1,000 vehicles operating. The company also reported an increase in active merchants and consumers on its platform, along with improved rider income levels due to diversified business scenarios. SF Intra-city attributed these results to resilient demand for food delivery and retail services, strong customer relationships, economies of scale, optimized resource strategies, and the application of AI technologies across operations.
Topics: delivery_services profitability revenue_growth unmanned_delivery