Folangsi Reports Strong Growth Amid Industry Boom

Folangsi Co., Limited Class H (HK:2499) has released an update.

Folangsi Co., Ltd., a leader in China’s intralogistics equipment solutions market, reported a 12.7% revenue growth and a staggering 292.8% net profit increase in the first half of 2024, compared to the same period in 2023. The company’s success is linked to China’s booming manufacturing and logistics industries, and their focus on cost-effective, full-lifecycle equipment solutions. With 77 service outlets and management of over 50,000 units, Folangsi anticipates further growth in line with the industry’s expansion and increased efficiency demands.

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