Total revenues for 2018 were CNY90.9bn*, up 27.6% year-on-year from CNY71.2bn. However, operating profits decreased by 9.95% year-on-year to CNY5.8bn.
The report stated that although there was an impact from rising costs in 2018, the company invested in expanding its services in response to market demand. The company’s total assets increased by 16.93% year-on-year to CNY71.6bn.
Source: SF Holding
* $ = CNY 6.62 / € = 7.81CNY.
