LEO Global Logistics PCL. (LEO), Thailand’s leading End-to-End logistics service provider, is on track to reach THB 4,700-4,800M in revenue in 2022. This expectation is due to the World Air Logistics acquisition, the launch of LEO Self-Storage #2 China Town, the opening of a second container storage service location, and collaborations with major partners, such as ‘China Post’. Additionally, THB 255M worth of convertible debentures have been approved, as well as approximately THB 561M in warrants.
Mr. Kettivit Sittisoontornwong, Chief Executive Officer of LEO, said, “In 2022, the company aims to see 30-35% growth, driven by existing and new businesses that will strengthen our end-to-end service offerings, including the launch of LEO Self-Storage #2 China Town and a second container storage yard located on Bangna-Trad Road, Km. 21. The storage yard is currently under renovation and is expected to be ready for service in the second quarter of 2022.”
In addition, LEO’s representative revealed that in 2022, the company would work with China Post to increase the capacity of China Post Airline on flights between Bangkok-Kunming, with plans to increase flights and utilize larger aircraft, following the government’s policy that aims to drive more Thai fruit exports to China.
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