Ban Kasemsap hints at SJWD negotiating 4-5 new deals to boost logistics.

The first strategy is “regional connectivity and expansion.” The company aims to increase the percentage of profits from abroad to 40% in 2027. Since last year until the present, the company has been working and has expanded investment in the business of sea freight (sea freight) and air freight (air freight). It invested in a major logistics and supply chain company in Malaysia. Increasing the possibility of providing seamless transportation services in many forms. The Earth's coverage is water and air, and in the ASEAN region and China, it consists of

1. It has acquired a 4.2% stake in Sino Logistics Corporation Public Company Limited or SINO, a major provider of integrated international logistics services. SINO's total cargo volume is 46,985 TEUs in all routes in 2018. With its sea cargo volume on the Thai-USA route, it ranks No. 1 in Thailand and No. 6 in the world.
2. Increased shareholding to 20.12% in Asia Network International Public Company Limited or ANI, one of three major operators in Asia that acts as general sales agent for more than 20 airlines (general sales agent or GSA). The airline covers 8 countries including Thailand, Singapore, Malaysia, Vietnam, Cambodia, Myanmar, China and Hong Kong, with ANI gaining a market share of more than 20% last year. There are plans to expand the service network in other regions such as Europe, Australia and others. The company expects to achieve a profit share from ANI of about 185 million baht this year.
3. Acquisition of 20.44% stake in Swift Haulage Berhad or SWIFT (Swift), a major integrated logistics services company listed on the Malaysian Stock Exchange. Specialized in land transportation and is the largest provider of trailer truck (tractor) transportation services in Malaysia. Helping to increase the possibility of providing cross-border freight services on the Thailand-Malaysia-Singapore route for SJWD, it is expected that the company will receive a share of the profits from investment in SWIFT amounting to about 55 million baht this year by the three mentioned companies. The combined income was last year. More than 10,000 million baht.

While the investment plan from now on, the company plans to acquire 100% of the shares in SCG Inter Vietnam Co., Ltd. Or SCG Inter Vietnam from SCG International Co., Ltd., the logistics service provider for Long Son Petrochemicals. The first integrated petrochemical project in Vietnam for SCG Chemicals Public Company Limited during the second quarter of 2024.

Strategy 2 “Enhance and scale cold chain and automation” The company will use its strengths in service capabilities. The “Cold Storage Warehouse” is fully integrated and comprehensive, providing logistics services for pharmaceutical products covering the country in order to expand the market to achieve 10% income growth over last year. Currently, there are 6 cold storage warehouses open for service in Samut Sakhon, Pangna Trad kilometers 17, 19, 22, Soenthawong, and Saraburi, which can accommodate 135 thousand tons of goods, with an average space occupancy rate of 74%, and there are plans to expand the cold storage warehouse, 5 other sites can support another 34,000 tons of products, including:
1) DC, 2 cold storage warehouses in Rangsit area, can support 23,000 tons of goods.
2) Chiang Mai branch can store 1500 tons of products
3) Khon Kaen branch can store 1500 tons of products.
4) The second phase of the Saraburi cold store can store 8,000 tons of products and, in addition, will include a FUZE POST network that provides rapid delivery of temperature-controlled products. To meet B2B2C market demand

Meanwhile, the 'Automotive' business (vehicle storage and management service) is targeting revenue growth of 10% this year, in line with the electric vehicle market gaining popularity. Considering the statistics from January 2023 to January 2024, the total import and registration statistics of electric vehicles in Thailand is 63,250 vehicles, and the company is currently a major logistics service provider of electric vehicles and gasoline vehicles in Thailand. It holds a market share of approximately 30-35% with a total service area of ​​more than 870,000 square meters.

Divided into providing services in the company's area of ​​400,000 square meters and providing on-site services in the customer area of ​​more than 472,000 square meters, the company will bring experience and knowledge from providing comprehensive solution services to the sale of imported electric vehicles including spare parts, In addition, there is a plan to bring the automotive business model into service in Vietnam.

As for Strategy No. 3, “New Business Opportunities,” it will focus on 3 businesses, including warehouse business. BUILT TO SUIT Built to suit the needs of tenants under Alpha Industrial Solutions Company Limited (ALPHA), of which SJWD has a joint venture with Origin Property Public Company Limited. There are currently projects open and under development in a total of 9 locations representing a total rental warehouse area of ​​more than 500,000 square meters, including plans to bring 4 warehouses with a total area of ​​more than 200,000 square meters for the establishment of real estate investment funds in 2024. With a value not exceeding 3,500-3,800 million baht during the second quarter of 2024, after which there is still a plan to push for listing and raising funds on the Stock Exchange of Thailand after that. It is expected that a clear result will be seen during 2025.

At the same time, it will expand its business to provide logistics services to the healthcare and pharmaceutical sectors that have high growth potential. By preparing a warehouse in the Bangna area, Kilometer 22, with an area of ​​​​more than 28,000 square meters, to accommodate and will cooperate with leading partners in the field of medical devices and pharmaceutical industry. It relies on the company's experience in providing cold storage warehouse services. It is expected to generate income of 70 million baht for the company this year.

In addition, the target revenue from storage space for rent under the “MeSpace Self Storage” brand was set at less than 112 million baht, or 53% growth from the previous year, using the potential to be the number one leader. In the warehousing space of rental business, one has 10 branches such as Siam, Lat Phrao, Rama 9, Srikritha, Pattaya, Phuket, etc. With a total area of ​​30,000 square metres, it is the largest in Thailand. Able to respond to the lifestyles of modern consumers who want to rent additional storage space, with Central Pattana Public Company Limited or CPN as a strong partner to jointly expand the business.

At the same time, the company has a policy of doing business sustainably, Mr. Pan added. The goal is to reduce Scope 1 and 2 carbon emissions by 10% this year and reach net carbon zero in 2050. Key activities that help reduce carbon emissions in 2024 include:

1. Multimodal means of transportation or the continuous transportation of goods in various forms while transporting the car, rails and boat together
2. Transport matching or managing the round trip of cargo trucks to and from.
3. The use of alternative fuel vehicles. At present, transportation vehicles that use alternative fuels have been introduced to replace transportation vehicles that use fuel.
4. Using electricity from solar energy by installing a solar roof in the warehouse building.
5. The use of automated storage technology (ASRS) applied to cold warehouses since 2019 can reduce the use of electricity and replace the use of forklifts that use fuel. The plan for 2025 – 2027 is to enter into becoming a member of international organizations working on greenhouse gas issues. In the logistics industry, such as Smart Freight Center and Global Logistics Emissions Council (GLEC), obtain a CSA (Corporate Sustainability Assessment) rating to become a member of S&P Global, and obtain a Dow Jones Sustainability Indices or DJSI rating for the Transportation and Transport Infrastructure industry group. With the aim of driving the sustainable business of SCGJWD