Shengfeng Development 1H Revenue Rises 18.4% to $311.8M

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Shengfeng Development reported first-half revenue of $311.8 million, up 18.4% year over year. Net income rose 9.6%, from approximately $6.0 million for the six months ended June 30, 2025 to approximately $6.6 million for the six months ended June 30, 2026. Cash and cash equivalents stood at approximately $16.9 million as of June 30, 2026, down from approximately $35.3 million as of December 31, 2025. The figures are unaudited.

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