BANGKOK, Mar 29, 2018 - (ACN Newswire) - JWD
InfoLogistics PCL (JWD
.TB), a leading Asean-based 'Total Logistics Solutions Provider', outlined its FY2018 business plan, setting a revenue growth target of 10%, adopting four core strategies (Network, Operation, IT and Human Resource) to enhance its capacity and focusing its activities on creation of networks and added values through services in the whole supply chain or management of the whole logistics process, including in the early stage, to transform itself into a "Regional Supply Chain Manager".
Charvanin Bunditkitsada, JWD
Chief Executive Officer (CEO) and Executive Committee Chairman, says this is an opportunity to step up JWD
investment efforts in the Asean region in order to secure regional logistics leadership.
Dr Eakapong Tungsrisanguan, Chief Financial Officer (CFO), revealed that JWD
recorded impressive revenue and net profit growth rates for Q3 (Jul-Sep) of 2017, with rental and service revenues reaching THB642m, up 15.1% y-o-y from THB558m and 11.1% q-o-q from THB577.8m, and net profit reaching THB56.5m, up 131.6% y-o-y from THB24.4m (after extraordinary items) and 14.1% q-o-q from THB49.5m.
Dr Eakapong Tungsrisanguan, Chief Financial Officer (CFO) of JWD
, revealed the company's Q3 (Jul-Sep) results, highlighting a total revenue of THB 568.4 million, a slight q-o-q increase from THB 561.5 million, and a net profit (before provisions) of THB 24.4 million, up from THB 7.7 million in Q2, which reflects the company's sheer growth potentials and responsiveness to customers' needs.
Dr Eakapong Tungsrisanguan, Chief Financial Officer, JWD
, revealed that the Company expects improved results for Q2/16 (Apr-Jun) due to higher logistics demand in the import-export sector and continuous investment, which will enable it to record the results for 2016 at the same level as those for 2015.
Eakapong Tungsrisanguan, CFO of JWD
, said that the strong operating profits came mainly from core businesses.
Mr Chavanin Bunditkitsada, Chairman of the Executive Committee and Chief Executive Officer of JWD
, expressed confidence of a warm welcome of its 120,000,000 listed shares of stock (par value: THB 0.50), which has become tradable on the stock market under the ticker symbol "JWD
" on 29 September, following a highly successful initial public offering with a subscription price of THB 11 each, between 21 and 23 September 2015.
Dr Eakapong Tungsrisanguan, Chief Financial Officer of JWD
, announced the record-breaking 2018 performance generated revenue, which was better than the forecasted 10% growth.
In October, the PPSP issued 14 million additional shares to two strategic institutional investors, JWD
Infologistics Plc, a logistics company from Thailand, and Bok Seng Group, a Singaporean company, bringing its proceeds to nearly $10 million.
Reilly remains chairman of JWD
Group Inc., the holding company of Danforth.
Additionally, this phase identified cultural knowledge and beliefs and described the practices at JWD
Technologies (pseudonym) using an emic perspective relative to the research topic (LeCompte & Schensul, 1999; Schensul, et al., 1999, Schensul, Schensul, & LeCompte, 1999).
The court asked JWD
Sugar Mill, owned by Tareen, to buy the whole stock of sugarcane and make sure that the farmers do not suffer any loss.