Despite many volatile factors impacting the global economy, which include high inflation, the tight monetary policy of banks around the world, the Russia-Ukraine conflict and a sharp declining in freight rates, Triple i Logistics Public Company Limited has shown a very outstanding performance in year 2022. It has set a new high record for a second year with a net profit of 795.7 million baht, marking an increase of 116.8% compared to the previous year.

With its initial success that came from the growth of core businesses, which continued maintaining good profits, and effective cost management, the company’s actual growth comes from its new business development. Triple i Logistics has maintained investments since raising capital via the Stock Exchange of Thailand, in particular investment in the Airlines Cargo GSA (General Sales Agent) business as a regional company through ANI. This has been the proven strategy to generate satisfactory returns on investments for the company.

The company’s continuous development can also be put down to its sustainable growth strategy along the concept of “Logistics and Beyond”, which focuses on strengthening existing business units by expanding the customer base and business alliances to boost competitiveness. This also adds new sources of income through the extension of related businesses both domestically and internationally to cover future logistics needs from all dimensions.

The company’s strong record growth has been possible thanks to the dedication of every team member, who brings us closer to our goal of becoming Asia’s leading logistics provider. I would like to thank the Board of Directors, the management team and all members of staff for their determination in performing their duties to the best of their abilities. I also thank our shareholders, customers and business partners for all their support. Please be confident that we will overcome all limitations and will make our best endeavors to achieve our goals.



Sincerely,
Tipp Dalal
Chairman of the Management Committee and Chief Executive Officer