Nanthamanat Witthayaskdiphan, Chief Executive Officer of Sino Logistics Corporation Public Company Limited, or SINO, said the outlook for the logistics business in the fourth quarter of 2026 remains good, especially the sea freight business, where freight rates on many routes are still at high levels and vessel space is tight due to demand for shipments serving the Christmas and year-end season. At present, SINO's main revenue comes from sea freight at about 85%, air freight at about 3% and warehousing at about 2%, with all nine of its warehouses operating at full capacity. The company has total warehouse space of about 34,000 square metres and plans to open two more warehouses and expand space to 50,000 square metres in 2027 under a three-year strategic plan. The company aims to cut the share of revenue from sea freight to about 55%, raise air freight to 15%, warehousing to 15% and revenue from overseas business to 15%. Next year, overseas business revenue is expected to rise by about 2 to 3%, and the company will add about 10 more transport trucks. For its 2026 operating results, the company is maintaining its growth target of about 15%, with results for the first nine months still in line with the plan.
Sino Logistics Corporation Public Company LimitedCompany maintains ~15% growth target for 2026 with first-nine-month results in line with plan, plus a three-year plan to diversify revenue and expand warehouses.
