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Express News | Listed companies were active in repurchasing shares in the first three quarters, with the amount exceeding 140 billion yuan.
Jefferies Adjusts S.F. Holding's Price Target to 51.70 Yuan From 48.20 Yuan, Keeps at Buy
s.f. holding (002352): Performance exceeds expectations, bullish on continuous improvement of core business and internationalization strategy
Investment highlights: Event: s.f. holding released the third quarter report for 2024. In the third quarter of 2024, revenue reached 72.45 billion yuan, an increase of 12.07% year-on-year; achieved a net income attributable to the parent of 2.81 billion yuan, a year-on-year increase of 34.
S.F. Holding (002352): Cost reduction and efficiency improvement help the company achieve a more than 30% increase in net income attributable to the parent during the off-season.
Core view: In Q3 of 2024, the company benefited from the rise in international marine transportation freight rates and stable cargo volume, as well as increased international air transportation demand. The company's international freight and agency business revenue achieved a relatively high year-on-year growth, realizing year-on-year growth in both the supply chain and the international sector revenue.
SF Holdings: Report for the third quarter of 2024
s.f. holding (002352.SZ) achieved a third-quarter net income attributable to the parent of 2.81 billion yuan, a year-on-year increase of 34.59%.
GLENCORE on October 29th s.f. holding (002352.SZ) released its 2024 third-quarter report, achieving revenue of 206.861 billion yuan in the first three quarters of the year, a year-on-year increase of 9.44%; net income attributable to mother was 7.617 billion yuan, a year-on-year increase of 21.59%. In the third quarter alone, revenue reached 72.451 billion yuan, up 12.07% year-on-year; net income attributable to mother was 2.81 billion yuan, up 34.59% year-on-year. In the third quarter of 2024, the company continued to maintain a good development momentum, achieving an increase in revenue growth rate and significant profit growth. In terms of revenue, the company 2024
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