LEO half a year later, Non-Freight is strong, M&A begins to take effect – stock dimensions

2023-08-27 15:00:48

Stock dimension – LEO or Leo Global Logistics Public Company Limited by Mr. Kettiwit Sitti Sunthornwong Chief Executive Officer revealed that during Q3 and Q4, revenue and gross profit from non-freight businesses are expected to increase steadily. Because there will be income coming in from LEO Sourcing & Supply Chain and YJC Depot businesses that have gradually started to have more customers coming to use the service. And will help the company to maintain a reasonable level of gross profitability and operating results.

Recognize investment income

In addition, the company will begin to recognize revenue from rail transportation. Including recognizing revenue and profit from new JV projects and M&A that will occur in Q3-Q4 in order to increase revenue and profit from operations to grow continuously.

Container rental send fruit to china

Most recently, he signed a contract with Global Multimodal Logistics Co., Ltd. or GML, a subsidiary of PTT or PTT Public Company Limited, to provide reefer container rental services with power generation equipment. (Clip-on Genset) in the amount of 300 containers for delivering fresh fruits to China. The contract has a period of 3 years, which will support the non-freight income to grow more.

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