Kerry Logistics Network Limited Overview
Pro stress-test →Kerry Logistics Network Limited is engaged in third party logistics, freight services, warehouse operations, and supply chain services. The parent company of SF Express, SF Holding, acquired a 51.8% stake in Kerry Logistics in 2021 for HKD 17.6 billion. The company operates globally across integrated logistics and international freight forwarding segments serving diverse industries.
Strategic Profile
Pro stress-test →As of 2020, the company managed 74 million square feet of logistics facilities globally, with a fleet of 10,000+ self-owned vehicles operating in 59 countries and territories. In 2024, revenue grew by 23% to HK$58,274 million with core net profit increasing by 12%. The company is leveraging parent company SF Holding's resources to strengthen its competitive position in Asian and international logistics markets.
Competitive Landscape
Pro stress-test →Kerry Logistics competes in the fragmented 3PL sector against regional and global players. The company is a subsidiary of S.F. Holding Co., Ltd., which provides significant competitive advantages through capital and operational integration with SF Express, a leading Asian courier operator. Main competitors include regional players like DHL Supply Chain, Agility, and Kuehne+Nagel.
Industry Context
Kerry Logistics Network Limited operates in Third-Party Logistics (3PL) and Freight Forwarding.
Key facts
Founded: 1981 · Headquarters: Kwai Chung, Hong Kong · Revenue: HK$58.3B