Leo Global Logistics Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 07:54 am EST
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Leo Global Logistics Public Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was THB 325.91 million compared to THB 1,022.9 million a year ago. Net income was THB 16.29 million compared to THB 107.35 million a year ago. Basic earnings per share from continuing operations was THB 0.052 compared to THB 0.336 a year ago. Diluted earnings per share from continuing operations was THB 0.052 compared to THB 0.332 a year ago.
For the nine months, revenue was THB 1,008.96 million compared to THB 4,009.51 million a year ago. Net income was THB 54.07 million compared to THB 297.11 million a year ago. Basic earnings per share from continuing operations was THB 0.172 compared to THB 0.929 a year ago. Diluted earnings per share from continuing operations was THB 0.172 compared to THB 0.926 a year ago.
Leo Global Logistics Public Company Limited is a Thailand-based company. The Company's principal business operations are integrated logistic service provider. It offers services in sea freight, air freight, project and cargo, cross border transport, multi-modal transport, warehouse and distribution management, self-storage and e-fulfillment center, and other services. It provides services for Full Container Load (FCL) and Less than Container Load (LCL), covering ports in approximately 350 cities in 190 countries. It offers trucking services to neighboring countries, such as Myanmar, Laos, Malaysia, Singapore and Cambodia. It provides global multi-modal transport (sea, air and land) suited for cargoes of large bulk and heavy weight, or those whose destination cannot be reached by air or sea. It offers comprehensive warehouse management via WMS system, stock monitoring, including product distribution and milk run delivery services. Its subsidiary is YJC Thailand Co., Ltd.