SCGJWD Newsletter June 2023

SCGJWD announces its expansion plan for logistics and supply chain businesses in the ASEAN region following the merger, with 5-component roadmap to push this year’s revenue to 30 billion baht through the 3.5-to-5-billion-baht investment budget. The set revenue goal for the next three years (2024-2026) is for an average annual growth of 12 percent with the pilot collaboration project to reduce costs by merging orders for goods and services, focusing on expanding existing businesses and venturing into new services. At the same time, preparations are underway to wrap up a major deal in acquiring 100-percent stake in SCG Inter Vietnam Co., Ltd. to provide services to SCG Group businesses and general customers in Vietnam. Another component of the plan is to proactively provide cross-border cargo services between Cambodia and Thailand in the form of a “hybrid model” – via rail and road, while also planning to apply the “cold storage” and “automotive logistics” success models in Thailand, along with similar forays into Vietnam, Indonesia and the Philippines.

The 5-Part Strategic Plan;

1. To save cost and increase revenue from cross-sale and up-sale from existing customer bases
2. To create added value to existing services in which both parties possess distinctive expertise
3. To seamlessly connect services in the ASEAN region by applying in the ASEAN region the business models that are already successful in Thailand
4. To provide D2C (Direct to Consumer) services to meet changing customer needs
5. To continually expand the scope of services to new businesses.

The Company has set a revenue target of 30 billion baht for 2023, of which 90 percent is expected to be generated from Thailand and 10 percent from abroad. Also, the investment budget has been set at approximately 3.5 to 5 billion baht and more M&A deals are expected to be finalized in 2023.

Offline Media

Bangkok Post Newspaper on 29 May 2023

Kao Hoon Newspaper on 29 May 2023

Thun Hoon Newspaper on 29 May 2023

Matichon Newspaper on 29 May 2023

Kaosod Newspaper on 29 May 2023

Kao Hoon Newspaper on 23 May 2023

Thun Hoon Newspaper on 23 May 2023
 

Online Media

Thairath  |  Matichon  |  Prachachat  |  Thun Hoon  |  Siamturakij | Banmuang | Mitihoon  |  Manager Online  |  Manager Online  |  Manager Online  |  Market Think  |  Weathy Thai  |  Efinance  |  Logistics Time  |  StockFocus | Bangkok Post  |  Post Today  |  Positioning  |  Hoon Inside  |
 

 Admiral Kowit Inprom presented the plaque of honor to Mr. Nithi Patarachoke, Chairman of the Board of Directors, and Mr. Bunn Kasemsub Co-CEO as a supporter on the 10th anniversary of the implementation of the Memorandum of Understanding (MOU) in the development of active duty military personnel Occupation of a truck driver (New Driver), which has been working together since August 2013 – present.