JWD does well in Q3, lifts 2018 revenue target
JWD InfoLogistics Plc earned revenue of Bt848.6 million and net profit of Bt70.1 million in the third quarter of the year, up 32.2 per cent and 24.1 per cent respectively from the same period of last year, chief financial officer Eakapong Tungsrisanguan said on Monday.
He added that the company showed healthy growths in most segments and enjoyed full-quarter revenue from CSLF’s food service business and shared profit from PPSEZ.
Raising its full-year revenue target to Bt3 billion, it expects growth to be sustained in the fourth quarter.
It recently set up a joint venture to offer project cargo logistics services in Thailand and Laos.
Nine-month results (January-September) put rental and service revenue at Bt2.26 billion and net profit at Bt160.5 million, up 26.3 per cent and 9.6 per cent from the same period of last year, Eakapong said.