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CIMC is betting on a new round of growth by shooting “triple arrows” of its innovative businesses

indie
17 minutes

HONG KONG, Feb 8, 2023 - (ACN Newswire via SEAPRWire.com) - On the closing night of 20 January, CIMC (000039.SZ) released 2022 results forecast. During the reporting period, net profit attributable to the parent was RMB3 billion to RMB3.8 billion, and net profit attributable to the parent after deducting non-recurring gains and losses was estimated to be RMB3.6 billion to RMB5.2 billion. There exited a certain gap for the figures compared with the same period last year, which however is within the expected range. Combined with the recent trend of container transportation industry plus the figures released in the third quarter of last year, it can be found that the gap has been fully digested by the market.(Photo credit: Futu, collated by Gelonghui)(Source: research report of Essence Securities)In addition, upon the release of the annual results alert, CIMC's H shares also had a relatively stable and upward trend in trading sessions after the opening of the Hong Kong stock market in the Year of the Rabbit, with a cumulative increase of 2.76% in just two trading days, making a "good start".High-quality growth ideas of "container leader": seeking new growth points in the future throug...

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Asian Logistics, Maritime and Aviation Conference (ALMAC) concludes

indie
4 minutes

HONG KONG, Nov 27, 2022 - (ACN Newswire via SEAPRWire.com) - With a lengthy history as a global trading port, Hong Kong this week hosted the 6th edition of Hong Kong Maritime Week. The week's flagship event was the 12th Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which came to a close last Wednesday. This signature two-day event for the maritime, air freight, logistics and supply chain management sectors and shippers from diverse manufacturing industries drew more than 90 industry experts and leaders sharing insights at over 30 sessions. ALMAC this year attracted more than 14,000 online and physical participants from over 50 countries and regions.The 12th Asian Logistics, Maritime and Aviation Conference, jointly organised by the Government of HKSAR and HKTDC, concluded successfully today, attracting more than 14,000 physical and online participants from over 50 countries and regions.Daryl Tay, President, North Asia District of UPS Parcel Delivery Service, said RCEP opens up huge opportunities in Asia.Simon Bennett, Deputy Se...

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SCGL and JWD announce merger to combine strength to leverage regional business expansion

indie
8 minutes

BANGKOK, Oct 27, 2022 - (ACN Newswire via SEAPRWire.com) - SCG Logistics Management Company Limited ("SCGL") and JWD InfoLogistics PCL (SET: JWD), the two leading logistics and supply chain service providers at the ASEAN level together announced a crucial merger deal to form a partnership under SCG JWD Logistics PCL (SCGJWD) in a move to combine strength and increase the service level capability to become the largest Integrated Logistics and Supply Chains Solutions Provider in the ASEAN region with a wide variety of integrated services to cover all industrial groups to increase the opportunities for exponential growth derived from the customer bases of the two companies, while drawing up a strategy to expand the businesses in the ASEAN region.Mr. Charvanin Bundikitsada, Chairman of the Executive Committee and Chief Executive Officer of JWD Pcl. (JWD), revealed that the Company has moved ahead to merge the Company with SCG Logistics Management Company Limited (SCGL), which is a subsidiary of Siam Cement PCL (SCC), following the Company's Board of Directors' Meeting on October 26, 2022 resolving to propose to the shareholders' meeting to consider and approve the merger between JWD an...

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AEON and CJPT Begin Logistics Improvement in Kyushu

ruth
2 minutes

Toyota City, Japan, Sep 29, 2022 - (JCN Newswire via SEAPRWire.com) - AEON KYUSHU Co., Ltd., AEON GLOBAL SCM Co., Ltd. and Commercial Japan Partnership Technologies Corporation (CJPT) have announced that they are working together on a logistics improvement project for the AEON Group in the Kyushu area that will solve problems faced by the logistics industry, such as soaring logistics costs and driver shortages.AEON has been working to improve efficiency at each stage of logistics, from procurement to sales, to fulfill its mission of supporting the daily lives of its customers. The company strongly believes that it is essential to collaborate with partners beyond the framework of individual companies. An example is pursuing further efficiency by viewing the entire supply chain as a continuous process, in order to solve issues related to logistics and the protection of lifestyles in an environment where all costs are rising.CJPT believes that streamlining logistics, in addition to vehicle electrification, is a path toward building a carbon-neutral society. The company has been working to minimize cargo and operation stagnation (logistics downtime) using big data and real-time process...

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Elite Partners continues acquisition spree with the purchase of a warehouse in Poland

indie
2 minutes

Singapore, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - Elite Partners Capital has completed an off-market acquisition of a warehouse in Radomsko, Poland for close to EUR30 million. This marks the firm's third purchase within a span of six weeks, after announcing acquisitions in UK and Netherlands.The asset is well-located in Central Poland, being in the immediate vicinity of the A1 motorway, national roads DK 42 and DK 91, as well as key railway junctions. It is the first facility within "LOOGIC Park Radomsko" logistics park which will eventually house 11 warehouse halls totalling 380,000 sqm over 80 hectares of land. The warehouse provides a total usable area of approximately 54,000 sqm and achieved an 'Excellent' BREEAM certification. It was constructed by FB ANTCZAK, Polish general contractor, as a Built-to-Suit facility for JYSK, a big box retailer of household goods. JYSK is the largest Danish retailer operating internationally with over 3,000 stores in 48 countries globally. The warehouse is used primarily for high-volume storage and is strategically located near the main JYSK Distribution Center. This allows JYSK to distribute goods efficiently and lower transport cost...

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Elite Partners Makes Maiden Entry into the Dutch Logistics Market with Acquisition of a Warehouse in Netherlands

indie
2 minutes

Singapore, Aug 2, 2022 - (ACN Newswire via SEAPRWire.com) - Elite Partners Capital has acquired a warehouse in central Netherlands from a private investor. This comes shortly after its acquisition of a distribution facility in Wrexham UK, announced just earlier in the month. This marks the firm's first foray into the Dutch logistics market. The asset is located at Nunspeet, a city just outside the Randstad area in the middle of Netherlands. Located alongside the A28 motorway, it serves as one of multiple industrial/logistics hubs that connects the Randstad area with the northeastern provinces and the northern part of Germany. The asset sits within the Feithenhof business park which has a total size of approximately 27.7 hectares and comprises a mix of local industrial businesses alongside internationally operating occupiers.The warehouse provides a gross floor area of 30,817 sqm on 55,108 sqm of land. It is fully let to B&C International B.V., one of Europe's leading suppliers of custom and ready-made window treatments. B&C is one of North America's Springs Window Fashions' residential brand. The asset is used largely for sorting and distribution and also houses B&C's h...

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A & S (HK) Logistics Limited collaborates with VTC to launch “Vocational Logistics Education Program”

indie
4 minutes

HONG KONG, Jul 26, 2022 - (ACN Newswire via SEAPRWire.com) - A&S (HK) Logistics Limited, the wholly-owned subsidiary of A & S Group (Holdings) Limited ("A & S Group" or the "Group", Stock Code: 1737.HK) formally signed the memorandum of cooperation with Vocational Training Council ("VTC") on July 15 to launch the "Vocational Logistics Education Program." The purpose of this program is to attract more younger people to join the logistics industry, building a cohort of talented individuals to grasp the business opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area. A & S Group's Executive Director Mr Chiu Tat Ting Albert (3rd right), along with Vocational Training Council representative formally sign the memorandum of collaboration, launching the "Vocational Logistics Education Program".Under the support from the government and the industry, VTC will add its "Earn & Learn Scheme" into its Aviation and e-Logistics Higher Diploma Programme in the 2022-23 academic year. The Curriculum covers areas such as the basics of air cargo operations, special cargo handling, aviation safety and security, and e-commerce and logistics management. Scholars will receive o...

EQS Newswire

嘉泓物流邮轮物流服务中期收入达两千万美元;订单数量急升三倍

eqs
1 minute

EQS 新闻 via SEAPRWire.com / 2022-07-20 / 08:15 UTC+8 CN Logistics International Holdings Limited 嘉泓物流国际控股有限公司 (于开曼群岛注册成立的有限公司) 邮轮物流中期收入达两千万美元 订单数量急升三倍 [香港－2022年7月20日] 国际知名的物流解决方案供应商 – 嘉泓物流国际控股有限公司（「嘉泓物流」或「本公司」，连同其附属公司，统称 「本集团」，股份代号：2130）一直致力为高端细分领域客户提供一站式综合物流服务，并在今年初收购Allport Cruise Logistics Inc. （「Allport Cruise」），将业务组合延伸至邮轮物流。本集团欣然宣布，根据2022年首六个月之初步账目，Allport Cruise收入由去年同期的6.7百万美元，增长至20.0百万美元。业绩表现反映本集团成功把握环球经济复苏的步伐，拓展具潜力的邮轮物流服务，实现多元业务增长。 随着多国宣布在今年下半年开始逐步解除出入境及防疫限制，全球旅游业的复苏步伐正在加快。《全球经济影响报告》预期，2022年旅游业将增长43.7%，达到近8.4万亿美元，并在2023年回复至疫情前水平。主力为国际邮轮经营者提供干船坞物资运输及恒常补给服务的Allport Cruise在2022年上半年取得多个与大型邮轮服务经营者合作的机遇，订单数量按年增长约三倍。本集团相信，在旅游业持续复苏的趋势下，邮轮经营者对船只补给及维修需求会保持增长，相关的供应链服务需要亦会使 Allport Cruise持续受惠。 嘉泓物流的执行董事兼首席执行官颜添荣先生表示：「拓展邮轮物流业务是延续集团尖端细分市场定位、发展成为全球综合物流企业的重要一环。Allport Cruise的加入亦能够与本集团现有业务产生更佳的协同效应。借助Allport Cruise的业务网络，我们将业务发展拓阔至北美市场，有助吸纳更多高端品牌客户；同时亦将产品类型布局至高端食品及饮品领域，延续集团专注高价值、高增长的目标定位；未来我们会积极提升Allport Cruise的表现，并透过扩大的资源网络，发掘周边不同的机遇。」 关于嘉泓物流国际控股有限公司 成立于1991年，嘉泓物流国际控股有限公司乃国际知名的物流解决方案供应商，核心业务为提供有关时尚产品及精品葡萄酒的空运代理服务以及配送及物流服务。根据灼识咨询报告，截至2019年12月31日止年度，本公司在中国及香港高端时尚产品的配送及物流市场中均排名第一。 2022-07-20 此财经新闻稿由EQS Group via SEAPRWire.com转载。本公告内容由发行人全权负责。原文链接: http://www.todayir.com/sc/index.php

ACN Newswire
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Elite Partners Acquires Distribution Facility in UK

indie
2 minutes

LONDON, Jul 6, 2022 - (ACN Newswire via SEAPRWire.com) - Elite Partners Capital ("EPC") has completed another acquisition of a distribution facility in the UK for over GBP 30M. The asset is located within Wrexham Industrial Estate, a premier industrial location and one of the largest industrial estates in the UK, well placed to serve both Wales and England. The estate extends to over 550 hectares and is home to over 340 businesses creating employment for over 10,000 people. The distribution facility, consisting of two detached industrial warehouse facilities, provides in total 723,114 sqft of built up space on a 45.9 acres land. It is fully let to one of the UK's largest shop-at-home retailers Shop Direct Home Shopping (a subsidiary of The Very Group - a multi-brand online retailer and financial services provider in the UK and Ireland). This represents the first UK acquisition for the second series of EPC's Logistic Funds. Riding on its strong track record and the deep network the manager has built over the years, Elite Logistics Fund II continues to focus on building a portfolio of high-quality logistics warehouse or infrastructure across Europe and the UK. The acquisition in Wrex...

EQS Newswire

嘉泓物流（2130.HK）预期2022年上半年录得的收益及权益股东应占纯利增幅将分别不少于40%及45%

eqs
1 minute

EQS 新闻 via SEAPRWire.com / 2022-06-23 / 10:28 UTC+8 嘉泓物流国际控股有限公司（2130.HK）今天发表正面盈喜预告，预期2022年上半年录得的收益及权益股东应占纯利增幅将分别不少于40%及45%，主要原因如下： 意大利办事处因客户群扩大，且能将增加的部分运营成本转移予客户，使收益及溢利持续增长; 2021年11月完成收购CN Logistics S.R.L. 的少数股权后，若干非控股权益被取消; 集团于2022年3月收购的Allport Cruise Logistics Inc及其附属公司所贡献的收益及纯利; 向客户收取的运费持续增加，疫情爆发的情况下货舱与集装箱的供应有限；及 集团于东南亚及美国设立分公司（主要向高端时尚客户及邮轮公司提供货运代理服务）扩大其于当地的市场 除此之外，尽管上海封控多两个月，且香港持续实施旅游限制，但集团能够将进出口货物转移至中国其他城市，来自上海的客户订单得以完成，从而将封控期间的不利影响降至最低。 关于嘉泓物流国际控股有限公司 成立于1991年，嘉泓物流国际控股有限公司乃国际知名的物流解决方案供应商，核心业务为提供有关时尚产品及精品葡萄酒的空运代理服务以及配送及物流服务。根据灼识咨询报告，截至2019年12月31日止年度，本公司在中国及香港高端时尚产品的配送及物流市场中均排名第一。 此稿件由金通策略代表嘉泓物流国际控股有限公司发放。 如有任何查询，请联络: DLK Advisory 金通策略 电话: 852-28577101 电邮: pr@dlkadvisory.com 2022-06-23 此财经新闻稿由EQS Group via SEAPRWire.com转载。本公告内容由发行人全权负责。原文链接: http://www.todayir.com/sc/index.php

ACN Newswire
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Janco Announces 2022 First Quarter Results, Business Steadily Develops as Revenue Grows

indie
2 minutes

HONG KONG, May 9, 2022 - (ACN Newswire via SEAPRWire.com) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a comprehensive freight forwarding and logistics services provider founded and based in Hong Kong with a strategic focus on Asia, has today announced its 2022 unaudited results for the three months ended 31 March 2022 ("Period under Review").During the Period under Review, the Group's total revenue amounted to approximately HK$135.0 million, representing a year-on-year increase of 3.8%. Profit attributable to shareholders of the Group and gross profit amounted to HK$4.5 million (Q12021: HK$5.4 million) and HK$18.5 million (Q12021: HK$19.6 million) respectively for the three months ended 31 March 2022. Driven by the increase in shipment volume of orders from both existing and new customers during the Period under Review, revenue from ocean freight forwarding services rose by approximately HK$11.9 million. Revenue generated from ancillary logistics services increased by approximately HK$1.7 million. However, the revenue growth was partially offset by the revenue decline of air freight forwarding services and e-commerce fulfillment services. The decrease in gr...

ACN Newswire
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Janco 2021 Audited Annual Results: Profit Attributable to Shareholders Surges by 54.5% to HK$17.3 million

indie
4 minutes

HONG KONG, Apr 25, 2022 - (ACN Newswire via SEAPRWire.com) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a one-stop freight forwarding and logistics service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 audited annual results for the year ended 31 December 2021 ("Year under Review").During the Year under Review, the Group's total revenue amounted to approximately HK$569.0 million, representing a year-on-year increase of 16.7%. Profit attributable to shareholders of the Group amounted to HK$17.3 million, a 54.5% surge relative to the same period last year. Gross profit increased by 18.5% to approximately HK$76.7 million for the year. Due to a rebound of the shipment volume to normal after a significant drop due to COVID-19 during the previous year, revenue from ocean freight forwarding services increased by approximately HK$34.3 million. As for e-commerce fulfillment services, its revenue increased by approximately HK$77.4 million, mainly attributable to an increase in orders from both new and existing customers during the year. However, the revenue growth was partially offset by the revenue decline of air freight f...

ACN Newswire
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Janco Holdings Announces 2021 Annual Results

indie
4 minutes

HONG KONG, Mar 27, 2022 - (ACN Newswire via SEAPRWire.com) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a well-established freight forwarding and logistics one-stop service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 unaudited* preliminary annual results for the year ended 31 December 2021. The Group reported profit attributable to shareholders of HK$17.4 million, representing a year-on-year surge of 55.4%.The Group predominately generates revenue from freight forwarding services, logistics services and e-commerce and fulfillment services. With the growth in revenue from ocean freight forwarding and e-commerce fulfillment services, the Group's total revenue amounted to approximately HK$566 million, representing a year-on-year increase of 16.1%. Furthermore, gross profit increased by 17.8% to approximately HK$76.2 million during the year.Due to a rebound of the shipment volume to normal after a significant drop due to COVID-19 during the previous year, revenue from the ocean freight forwarding services has increased by approximately HK$34.3 million. Revenue from e-commerce fulfillment services increased by approx...

SeaPRwire

Jobs in logistics sector will change or be displaced with new-technology adoption

aseanpr
4 minutes

SINGAPORE - Job roles in the logistics sector are on the "move" with the adoption of Industry 4.0 technology solutions, with changes or displacement of positions expected in the next three to five years. Of 56 positions studied in the Jobs Transformation Map (JTM) for the sector, about 54 per cent of job roles - which 36,000 workers account for - will experience at least a "medium degree of change" which will require job redesign or undergo displacement. Overall, all job roles are expected to experience some level of change. New roles, such as in data analysis and software development, are beginning to emerge, and this trend is expected to accelerate. These findings from the JTM for the logistics sector were outlined in the 28th Jobs Situation Report released on Friday (Nov 26). Manpower Minister Tan See Leng said the changes to job roles in the logistics sector should make the work more fulfilling, and the emerging positions offer bright prospects. He was speaking to the media on Friday at a virtual press conference after a visit to ST Logistics' facility in Clementi Loop. "I encourage all employers to redesign jobs to increase the attractiveness and appeal of their roles to new a...

ACN Newswire
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Pinthong Industrial Park (SET: PIN) debuts on the SET on Nov 9

indie
4 minutes

BANGKOK, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - Pinthong Industrial Park PCL (SET: PIN), a developer and manager of eco industrial towns, begins the first day of trading on the SET on November 9, with the symbol PIN, as it prepares to develop a new logistics park and open the Pinthong Industrial Estate 6 for sale. Responding to government policy to attract foreign investors in the S-Curve industrial group to the EEC, the move is expected to boost its recurring income, leading to a stable and sustainable growth.Mr. Pira Patamavorakulchai, Chief Executive Officer of Pinthong Industrial Park, said that PIN has a strong operational foundation, supported by over 25 years of experience as a developer of eco industrial towns that meet ISO 14001-standard and have won Eco-Excellence awards in Chon Buri and Rayong provinces. The company currently operates seven industrial estates and logistics parks covering more than 7,500 rai of land in the Eastern Economic Corridor (EEC) near Laem Chabang and Map Ta Phut Deep Sea Ports, which are located on the main highway connecting Suvarnabhumi and U-Tapao airports. The company is also planning to bring in new technologies to enhance the man...

ACN Newswire
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Asian Logistics, Maritime and Aviation Conference Concludes

indie
10 minutes

HONG KONG, Nov 5, 2021 - (ACN Newswire via SEAPRWire.com) - Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 11th Asian Logistics, Maritime and Aviation Conference (ALMAC) has concluded, successfully running in an online-and-offline hybrid format. Sixty-three industry experts and leaders shared their insights at close to 30 sessions at the two-day conference, attracting more than 11,200 viewers from some 60 countries and regions. They included participants from Hong Kong, Mainland China, newcomers from Mexico, Nigeria, Romania and more, highlighting how the event offered networking opportunities spanning the globe.Jointly organised by the HKSAR Government and the HKTDC, the 11th Asian Logistics, Maritime and Aviation Conference has concluded, successfully running in an online-and-offline hybrid format.Victor Mok, Chairman and CEO, Asset Service Platform, GLP China (left, on screen), said Chinese logistics providers have implemented digital solutions, and cross-border e-commerce has greatly accelerated progress in this area.A newly added physical and virtual exhibition showcased differ...

SeaPRwire
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Asian Logistics, Maritime and Aviation Conference (ALMAC) opens

pandora
10 minutes

Industry elites examine key issues as global supply chain reshapes HONG KONG, Nov 2, 2021 – (ACN Newswire) – Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 11th Asian Logistics, Maritime and Aviation Conference (ALMAC) opened today at the Hong Kong Convention and Exhibition Centre (HKCEC), running in a hybrid format, with both physical and online elements, for the first time. At this annual signature event for the maritime, air freight, logistics and supply chain management sectors, 60-plus industry experts and leaders will share their insights at close to 30 sessions. The two-day conference expects to attract more than 10,000 viewers from some 60 countries and regions. Jointly organised by the Government of the HKSAR and HKTDC, the 11th Asian Logistics, Maritime and Aviation Conference opened today at the Hong Kong Convention and Exhibition Centre, running in a hybrid format, with both physical and online elements. At the first Power Dialogue session, titled “New trade order and evolving intermodal networks in the Asia-Pacific”, panellists explored how shippers and industry players...