$SLGB

Smart Logistics Global Ltd

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Smart Logistics (Nasdaq: SLGB) reports 2025 revenue dip, longer-haul growth

Smart Logistics Global (NASDAQ: SLGB) reported a 7.3% revenue decrease in fiscal year 2025, reaching $89.9 million due to reduced demand in coal and steel sectors, although gross profit margins improved to 4.7%. Despite the revenue dip, total transportation distance increased by 11.7%, indicating a shift towards longer-haul routes and improved efficiency. The company expanded its logistics network with a new Northern Supply Chain Center in Xuzhou, aiming to capitalize on a projected gradual economic recovery in the PRC in 2026.