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

Reuters
2025.08.27 14:19
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Shengfeng Development Ltd. reported a 14.3% increase in revenues to $256.54 million and a 13.6% rise in net income to $5.57 million for H1 2025. Comprehensive income rose to $6.37 million, aided by a foreign currency translation adjustment of $0.54 million. The company operates in Renminbi (RMB) but reports in U.S. dollars. This financial report is intended to be read alongside the annual financial statements for the fiscal year ended December 31, 2024.