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SHENGFENG DEVELOPMENT Ltd Trading Halted Due to Volatility
SHENGFENG DEVELOPMENT Ltd trading halted, volatility trading pause
SHENGFENG DEVELOPMENT Ltd Trading Halted Due to Volatility
SHENGFENG DEVELOPMENT Ltd trading halted, volatility trading pause
Shengfeng Logistics Reports Significant Revenue Growth in First Half of 2026
Yongxu Liu, CEO, commented, "Shengfeng delivered solid revenue growth in the first six months of 2026. Most of that growth came from customers we were already serving, who over the period chose to place a wider share of their logistics operations in our hands. New energy vehicles remained a core client segment, where we serve leading battery manufacturers and vehicle brands. We also deepened our work with major fast-moving consumer goods customers and with global industrial equipment manufacturers, while our warehouse storage management business grew on the strength of new customer acquisition. We supported this growth without a proportionate increase in overhead. For the second half of 2026, our attention is expected to turn to network and route optimization, the utilization of our transportation capacity, and the management of working capital, as we aim to translate revenue growth into stronger profitability."
SHENGFENG DEVELOPMENT Ltd Trading Halted Due to Volatility
SHENGFENG DEVELOPMENT Ltd trading halted, volatility trading pause
SHENGFENG DEVELOPMENT Ltd Trading Halted Due to Volatility
SHENGFENG DEVELOPMENT Ltd trading halted, volatility trading pause
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