Bangkok--19 Apr--Worklink PR
WICE joined hands with Phillip Securities Thailand PCL. Organizing roadshows in Singapore and Hong Kong to present to institutional investors the firm's strengths, receiving overwhelming attention. The institutional investors were confident with WICE's business growth and business model of excellent international partners networking which enhancing the company to be the total logistics service and solution provider, targeting the revenue growth at the minimum of 30%, reaching the record high in 24 years in 2017.
Mr.Chudet Kongsoonthorn Managing Director, Business Development WICE Logistics, PCL. (WICE), a total logistics service and solution provider, said the Company partnered with Phillip Securities (Thailand) PCL., organized a roadshows in Singapore and Hong Kong at the beginning of April, receiving overwhelmed attention from institutional investors.
It was the first outbound roadshows of WICE which was very successful. It is a pride of the Company owned by the Thai that its outstanding total logistics service and solution provider led to its international competitiveness and acceptance from several leading institutional investors.
The information of WICE presented to the foreign institutional investors at the roadshows focused on growth strategy and business expansion covering worldwide destinations with international partners networking together with its outstanding experiences in providing full range of logistics services such as Sea Freight, Air Freight, customs clearances, domestic transportation, and warehouse management, to be the international logistics service provider.
In addition, The Company aimed to continuously increase its fine earnings. This year will be the year to record the highest growth within 24 years of WICE with the revenue growth of no less than 30% or approximately THB 1,300 million supported by the expansion of all service channels' growth, the first full-year-revenue recognition from Sun Express Logistics Pte. Ltd. (SEL), a leading international logistics company of Singapore, as well as its focusing on the efficiency of logistics management by controlling the cost at an appropriate level in order to balance the gross profit margin and the net profit of the Company.
"The roadshows received an overwhelmed attention from the institutional investors who were interested in the Company's business, especially its taking over of SEL in Singapore last year and its future expansion of international partners networking in several countries. The Company had provided confidence to the institutional investors of its potentiality of sustainable growth and its readiness to be international logistics company for their investment," said Mr. Chudet Kongsoonthorn