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Shengfeng Development Limited  (NASDAQ: SFWL)
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Price: $1.0100 $0.01 1.000%
Day's High: $1.01 Week Perf: 1 %
Day's Low: $ 0.99 30 Day Perf: -0.9 %
Volume (M): 8 52 Wk High: $ 2.18
Volume (M$): $ 8 52 Wk Avg: $1.32
Open: $0.99 52 Wk Low: $0.81



 Market Capitalization (Millions $) 83
 Shares Outstanding (Millions) 82
 Employees -
 Revenues (TTM) (Millions $) 404
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 29

Shengfeng Development Limited
Shengfeng Development Ltd is a real estate development company based in China. They specialize in the construction, sale, and management of residential and commercial properties. With a focus on quality craftsmanship and innovative design, Shengfeng Development has built a strong reputation in the industry for delivering high-end and sustainable projects. They strive to create communities that not only provide comfortable living spaces but also promote a vibrant and inclusive lifestyle for their residents.


   Company Address: Shengfeng Building Fuzhou City 350001 NY
   Company Phone Number: 591-83619860   Stock Exchange / Ticker: NASDAQ SFWL


   

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Shengfeng Development Limited

Shengfeng Development Limited Posts Strong Fourth Quarter Results, with 30% Increase in EPS

Shengfeng Development Limited Reports Strong Fourth Quarter Earnings
Shengfeng Development Limited, a leading Transport & Logistics company, has reported a significant increase in earnings per share (EPS) and revenue for the fourth quarter of 2023. The company's EPS rose by 30% to $0.13, compared to $0.10 in the prior financial year. Revenue increased by 9.126% to $404.12 million, up from $370.33 million in the same quarter of the previous year.
Net income for the fourth quarter of 2023 also saw a substantial increase, rising by 31.71% to $10.308 million, compared to $7.826 million in the same period a year ago. Shengfeng Development Limited attributed this growth to its improving profit margins, with the net margin rising to 2.55% and operating margin edging up to 3.44%. Operating earnings also increased by 41.24% to $13.906 million.










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