SF INTRA-CITY (09699) rose more than 5% during the morning trading session. At the time of writing, the stock was up 2.76%, trading at HKD 14.88, with a turnover of HKD 13.9803 million.

The movement follows the company's issuance of a positive profit alert. SF INTRA-CITY forecasts that its profit attributable to owners for the 2025 fiscal year will be no less than RMB 238 million, representing an increase of over 80% year-on-year. Additionally, the company expects its adjusted net profit to be no less than RMB 376 million, marking a surge of more than 158% compared to the previous year. Annual revenue is projected to reach at least RMB 22 billion, reflecting growth exceeding 40%.

This robust performance is primarily attributed to a significant increase in delivery demand driven by the expansion of the instant retail market, healthy order growth supported by all-category and all-hours services, and enhanced economies of scale through optimized rider operations and digital intelligence technologies.

HSBC Holdings PLC released a research report commenting that SF INTRA-CITY's adjusted net profit forecast of no less than RMB 376 million surpassed the bank's expectations. Despite recent market scrutiny of instant retail platforms, HSBC expressed continued confidence in SF INTRA-CITY's organic growth. The bank anticipates the company will achieve a revenue compound annual growth rate of 33% from 2024 to 2027, compared to 24% during the 2021-2024 period.