ETL is emphasizing and striving to expand fleets and cold chain durian transport through Opp Day Q1/2024.

Euroasia Total Logistics Public Company Limited, an integrated cross border logistics sevice provider, led by Mr. Lee Yik Chieh, Chief Executive Officer, Ms. Krishavan Chuecharoenchai, Managing Director, and Ms. Pincha Chaisam, Chief Financial Officer, participated in Opportunity Day Q1/2024 conducted by the Stock Exchange of Thailand to provide investors significant information.

The Company has invested and expanded additional Reefer containers together with fleet of prime movers and trailers to meet transportation volume this year. The Company anticipated that cold chain durian transportation would achieve its target since its customers have gradually booked shipments. Furthermore, with ETL’s good services, its customers’ commodities have efficiently reached the destinations. ETL would start to recognize the revenue from the cold chain durian transportation in Q2/2024.

Regarding operating performance as of Q1/2024, ETL recognized revenues from services of THB 269.5 million which decreased from those of Q1/2023 or equivalent to 12% due to the economic slowdown in import and export. However, the Company’s gross profit margin was 16%, which was in line with its projection when compared to total revenues.