KEX eyes net operating cash break-even in 12 months

Quick Summary:

SET-listed KEX Express (Thailand), formerly known as Kerry Express, wants to reach the break-even point for net operating cash within 12 months by focusing more on express international delivery and maximising operational efficiency.

This strong commitment from its shareholders helped to enhance its balance sheet strength and liquidity flexibility, supporting its operations with a view to long-term sustainable growth, according to the filing.

"Lastly, we need to develop regional and international businesses as well as one-stop logistics capabilities in the company's network," he said.

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Category: EconomyBusiness

Markets: ThailandChina

Topics: Thailand (thailand) International Months Chow Express Cash Operating Wants Company Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 05:25:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23957645

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