Chinese delivery giant SF Holdings has posted a full-year profit increase of 112.5 percent through this past year.
In its first annual report, SF Holdings is reporting full-year income of nearly 4.2-billion yuan, or over 605-million U.S. dollars.
Full-year revenues increased by some 19-percent to more than 57 billion yuan.
SF Express went public this past month through a reverse merger.
The company, which has been operating out of Guangdong for over 23-years, is one of the leaders in the ever-growing delivery sector in China.
For more on this, CRI's Paul James spoke earlier with Einar Tangen, CRI financial analyst.
