Triple i Logistics’s recorded an outstanding performance with 20.7 percent in business growth and 16.2 percent increase in net profit over-year.
Our success in the past year is the result of constantly-growing business operations. In particular, the company has been appointed as the exclusive agency for Rizhao Port Shipping Line of China, leading to a significant expansion of the company’s shipping and in-land transport business.
In addition, after Triple i Logistics has been listed on the Stock Exchange of Thailand in 2017, the company has enjoyed the potential to expand the operation to related business. In 2018, the company has extended as international air cargo terminal operator at Don Muang Airport. Earning trust from international airliners, the company has commanded 75 percent of market share of cargo service in Don Mueang Airport thus far. Triple i Logistics also acquired Singapore-based DG Packaging Pte., Ltd., marking a major step in developing business alliance to streamline logistics operations for hazardous substances in Singapore, one of the world’s logistics hubs. The move propels the company toward being a regional leader. All these achievements represent a significant expansion since Triple i Logistics has been listed on the stock exchange in 2017.
2019 is thus another challenging year which is important for the company’s business expansion and business development. Triple i Logistics has determined to improve our services to enhance our comparative advantage to become a leading organization in the region and get ready for an expansion of logistics industry in Asia.
Chief Executive Officer