SF INTRA-CITY (09699) announces that it expects the annual net profit attributable to shareholders to increase by no less than 100%.

SF INTRA-CITY (09699) announced that for the fiscal year ending December 31, 2024, (i) the company's owners expect to achieve a profit growth of not less than 100% compared to the previous year; (ii) the group's revenue is expected to increase by not less than 25% compared to the previous year, with the revenue in the second half of this year expected to increase by not less than 30% compared to the same period last year. The positive performance is mainly due to the following reasons: (a) The growth trend in the domestic consumption and service sectors in China has led to an increase in demand for immediate delivery in the catering and retail industries; (b) The rapid development of the immediate delivery industry, with both the company's local immediate delivery and last-mile order volume growing rapidly, ensuring balanced and high-quality healthy development of various businesses; (c) Driven by technological innovation, the company continues to enhance its digital capabilities, and independent third-party positioning, branding, and product services are accelerating and gaining wide customer recognition, leading to continuous improvement in market share and penetration rate; and (d) By improving the quality and efficiency of operations, further enhancing network economies of scale, continuously improving lean operational management capabilities, enhancing resource input-output efficiency, and driving continuous improvement in gross margin and cost rate.