Shengfeng Development Ltd. Reports 14.3% Increase in Revenues and 13.6% Rise in Net Income for H1 2025

Reuters
08/27
Shengfeng Development Ltd. Reports 14.3% Increase in Revenues and 13.6% Rise in Net Income for H1 2025

Shengfeng Development Ltd. has released its financial results for the six months ended June 30, 2025. The company reported total revenues of $256.54 million, marking an increase from $224.43 million in the same period of the previous year. Net income also saw an upward trend, reaching $5.57 million compared to $4.43 million in the prior year. The comprehensive income attributable to Shengfeng Development Limited amounted to $6.37 million, an increase from $4.36 million in the previous year. The company reported a foreign currency translation adjustment of $0.54 million, which contributed to the total comprehensive income. Shengfeng Development Ltd. continues to conduct its business operations with its functional currency, the Renminbi (RMB), while reporting in U.S. dollars. The information provided in this report is intended to be read in conjunction with the company's annual financial statements for the fiscal year ended December 31, 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shengfeng Development Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-080972), on August 27, 2025, and is solely responsible for the information contained therein.

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