In today’s briefing:
- SF Holding HK IPO | Q2/H1 Results | “Internationalization” Thesis Refined | Air, Int’l Impact in H1
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SF Holding HK IPO | Q2/H1 Results | “Internationalization” Thesis Refined | Air, Int’l Impact in H1
- Review of Q2/H1 results, including impact from international, Kerry Logistics Network
- Refining idea of “internationalization”, which we believe is driving force behind SF’s HK IPO
- Testing thesis: did air and international exposure help or hurt SF margins in H1?