SF Intra-city's Strategic Leadership Drives Performance to New Heights in 1H 2026
PR Newswire
HONG KONG, Aug. 28, 2026
Deepening multi–scenario presence to consolidate the business foundations, with AI and unmanned delivery opening up new prospectsRevenue hit new highs and achieved healthy growth Adjusted net profit increased by 70.8% to RMB 265.8 millionResults HighlightsRevenue increased by 14.7% year-on-year ("YoY") to RMB 11,739.5 millionGross profit increased by 20.9% YoY to RMB 823.2 million, with a gross profit margin of 7.0%, up by 0.3 percentage points YoYProfit for the period attributable to owners of the Company was approximately RMB 349.3 million, representing a YoY growth of 154.9%, exceeding the full–year level of 2025 and continuously reaching record highs. Net profit margin stood at 3.0%, up by 1.7 percentage points YoY. Adjusted net profit[1] grew by 70.8% to RMB 265.8 million, with an adjusted net profit margin of 2.3%, up by 0.8 percentage points YoYOrder volume generated by intra-city delivery services grew by over 30% YoY, with revenue reaching RMB 7,188.9 million, representing a YoY increase of 24.4%. Of this revenue, approximately RMB 5,722.3 million came from intra-city delivery services for merchants, reflecting a YoY increase of 28.1%, while revenue from intra-city delivery services for consumers was approximately RMB 1,466.7 million, representing a YoY increase of 11.8%Revenue from last-mile delivery services amounted to approximately RMB 4,550.6 million, representing a YoY increase of 2.1%For the 12 months ended 30 June 2026, the number of active merchants on the platform reached 1.23 million, representing a YoY increase of 44%, while the scale of active consumers continued to expand, reaching over 27.03 millionIn the first half of 2026, the number of monthly active riders on the platform increased by 20% YoY. The Group's rich and diverse business scenarios brought more diverse income opportunities to riders, and the number of middle–to–high–income riders increased by 17% YoY, maintaining steady improvementIn 1H 2026, the Group's unmanned vehicle network had covered 124 cities nationwide, with over 1,000 vehicles in operation and over 60,000 monthly average active trips. Going forward, the continuously expanding unmanned delivery network will serve as a crucial supplement to existing capacity and an engine for innovation.As of 30 June 2026, the Group held cash and cash equivalents and short-term financial investments of RMB 1,279.9 million and RMB 1,174.1 million, respectivelyHONG KONG, Aug. 28, 2026 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group"; Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, announced its unaudited interim results for the six months ended 30 June 2026 (the "Reporting Period" or the "1H 2026").
