Post by account_disabled on Dec 27, 2023 4:46:56 GMT
Sahathai Terminal (PORT), one of the leaders in providing integrated port and logistics services. Participated in investor meeting activities for the first quarter of 2020, revealing confidence in business recovery. After the Covid crisis begins to subside Mr. Worawit Ueasapsakul Chief Financial and Accounting Officer of Sahathai Terminal Public Company Limited or PORT said, “In the first quarter of 2020, the company had an income of 340.49 million baht, a decrease of 13.37% from an income of 393.05 million baht compared to with the same period last year and had a net profit of 8.47 million baht,
Decreased from a net B2B Email List profit of 35.82 million baht, accounting for net profit attributable to shareholders of the company in 2020 equal to 6.21 million baht due to the impact of the COVID-19 virus outbreak, which resulted Allow imports and exports to be temporarily halted during February-March Therefore, it affects the volume of containers passing through the port. causing an impact on the operating results in the 1st quarter of 2020 Mr. Banchai Khrujit, Deputy Chief Executive Officer of Sahathai Terminal Public Company Limited or PORT, added that at the beginning of the second quarter, we began to see signs of improved international trade. After China began to ease lockdown measures and import and export goods again after successfully solving the epidemic problem.
In addition, in the middle of the second quarter, the company has automotive customers coming to use the company's warehouse space, which will compensate for the warehouse revenue that decreased in the first quarter. And from the current situation, the company expects that imports export It will start to improve in the second half of the year. However, from the impact at the beginning of last year, the management has adjusted this year's target to a revenue decrease of no more than 5%, predicting that transport activities via coastal ships on behalf of Bangkok Barge Service Company Limited and transportation Land, under the name of Bangkok Trucking Service Company Limited, will still be able to grow this year.
Decreased from a net B2B Email List profit of 35.82 million baht, accounting for net profit attributable to shareholders of the company in 2020 equal to 6.21 million baht due to the impact of the COVID-19 virus outbreak, which resulted Allow imports and exports to be temporarily halted during February-March Therefore, it affects the volume of containers passing through the port. causing an impact on the operating results in the 1st quarter of 2020 Mr. Banchai Khrujit, Deputy Chief Executive Officer of Sahathai Terminal Public Company Limited or PORT, added that at the beginning of the second quarter, we began to see signs of improved international trade. After China began to ease lockdown measures and import and export goods again after successfully solving the epidemic problem.
In addition, in the middle of the second quarter, the company has automotive customers coming to use the company's warehouse space, which will compensate for the warehouse revenue that decreased in the first quarter. And from the current situation, the company expects that imports export It will start to improve in the second half of the year. However, from the impact at the beginning of last year, the management has adjusted this year's target to a revenue decrease of no more than 5%, predicting that transport activities via coastal ships on behalf of Bangkok Barge Service Company Limited and transportation Land, under the name of Bangkok Trucking Service Company Limited, will still be able to grow this year.