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SF Holding’s CFO Expects Profits in Hauling Heavy Load in 2018

Chinese express-delivery firm SF Holding Co. expects its new logistics services to turn in profits as early as this year as it seeks growth outside of the competitive parcel-delivery business.

The Shenzhen-based company’s heavy-load delivery business has already broken even and is set to be profitable this year, while its cold-chain and international delivery divisions will make money in two to three years, Chief Financial Officer Grace Ng told Bloomberg Television’s Tom Mackenzie in an interview in Beijing.