LEO profits make new highs for 3 consecutive years, confident in 2013, continuous growth, awareness of rail transport to China, starting in Q1/23 – stock dimension


Stock dimension- Mr. Kettiwit Sitti Sunthornwong Chief Executive Officer of Leo Global Logistics Public Company Limited or LEO revealed that in 2022 the company had a net profit of 306 million baht, a 53% increase and a total revenue of 4.4 billion baht, a 33% increase due to freight and transportation costs. The weather has increased and a gross profit of 885.3 million baht, an increase of 36% or a gross profit margin of 20%.

The 2012 financial results showed strong growth. And the company was able to generate gross profit sales that exceeded the sales target according to the 2022 business plan by 129% and the net profit made a new high for the 3rd year since listing on the stock market and the 5th year if counting. Since the year 60
as a result of successful strategic management by adjusting marketing and sales plans to suit the ever-changing situation among the market conditions in various situations

The company is confident that in the year 2023 it will continue to maintain the level of gross profit growth and operating results continuously. Because it will start recognizing revenue from transporting goods by rail to China since Q1/23. Including starting to recognize revenue and profit from new JV and M&A projects that will occur in 2023 to increase revenue and profit from operations to grow strongly continuously.

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