Kerry Logistics is an international large-scale third-party logistics service providers, has more than 550 offices in 39 countries and regions, it has a huge business network, competitive. Last year, the group’s turnover rose 5.7% to 21.115 billion yuan, net profit fell 9.6 percent to 1.659 billion yuan, but after-tax effect of changes in deduction of the fair value of investment properties, as well as gains on disposal of Kowloon Bay warehouse, core net profit rise 10.2 percent to 976 million yuan, the core operating profit also rose 14.1 percent to 1.612 billion yuan; gross profit margin rose 0.5 percentage points to 14.9%.
By the end, the group management of logistics storage warehouses area of 45 million square feet, of which 23 million square feet belong to their own homes, with greater flexibility. Currently, facilities in Chengdu and Xi’an have also ground-breaking construction, the other in Shanghai Fengxian District and Cambodia free trade and the economy, but also each acquired a land for the construction of logistics facilities, to help expand their business scale. In addition, the Group has also set up Kerry pharmaceutical development of the pharmaceutical logistics storage warehouses delivery business in Hong Kong is expected to benefit from the rapid development of the pharmaceutical and healthcare industries. The division high technical requirements, have a higher gross margin is expected to become new growth highlights. Recently, the Group, a subsidiary of Kerry Logistics (China), and China Railway Import and Export Company entered into a strategic cooperation agreement, which will use the experience of overseas railway projects focus on, inquiry “along the way” of business opportunities, prospects worth the wait.
It is worth mentioning, the group put forward the TPB application located Ka Yip Street, Kerry Warehouse (Chai Wan) converted into a columbarium, but the application is still in the preliminary stages, temporarily should wait and see. Period, the Group’s cash on hand to reduce the 1 percent to 3.816 billion yuan, but to reduce the gearing ratio of 1.9 percentage points to 29.3 percent, the Finance quite robust. Trend, April 8 gap opened higher and rose again, now to stabilize the major averages, MACD bullish gap expanding, STC% K line continued to go above the% D line, consider the following absorb 12.5 yuan, 14 yuan online in hope, does not fall to below 11.8 yuan can continue to hold.
As a professional storage shelving supplier, T-Racking will offer scientific and effective logistics storage warehouses racking solutions to meet your requirements .Any relative inquiries feel free to contact us:
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Tel: +86 512-67700835(office hours)
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ADD: No.3 Fu Min Road, Xiang Cheng Industry Park,Xiang Cheng District ,Su zhou, JiangSu, China
Office Hours: Weekdays 8:30 a.m. to 5:30 p.m. ( G.M.T+8)
Location: The following map shows our location, 1 hours driving to Shanghai