The detail information of T3EX group’s December performance.
Dear Sir
December sales, NTD 786 million, of T3EX group decreased 20.55% YOY, increased 3.78% MOM, and accumulated sales, NTD 97.45 billion, increased 0.23% YOY.
Sales in 2015 was nearly equal to 2014, because the freight was cut down to a historical low price from the oversupply of container ship. And the strike of West coast harbor in 4Q 2014 caused the increasing demand of air transport and largely raising air freight. Even if the low freight effected the sales of T3EX group, the volume of cargos still grew in 2015.
Raising sea freight in January 2016 resulted in advance delivering new year’s cargos in December, attending up loading container in 90% capacity, and improving the balance of supply and demand in sea freight. Raising sea freight also bettered the performance of T3EX group December sales, 12.16% MOM. T3EX group predicts this situation will sustain till January 2016. The December sales of air freight declined by sinking of import and export in Asia. However, for the whole performance of T3EX group still grew via developing LCL and total solution business to expand high value- added businesses. Gross margin of T3EX group of December and this year still keep over 19%,and the accumulated gross profit has grown 13% YoY.
In 2016, the consolidated financial statement would subsume T-Cube Logistics and EXer Logistics, which were announced last year. Main services of T-Cube Logistics include warehousing and transportation of cross-border companies’s China nationwide B2B logistics services and of EXer Logistics are B2C express delivery which has served in e-commerce and TV shopping platform such as tmall.com, Vipshop.com, waimai baidu and GHS. After T-Cube Logistics and EXer Logistics are incorporated in T3EX group, T3EX group estimates that the merge will enlarge domestic sales percentage to 20% and enhances group profit by integrating express delivery, supply chain management, import logistics, customs declaration and e-commerce logistics.
For area sales analysis, accumulated December sales, percentage and YoY respectively are:
China and Hong Kong- NTD 6,996 million; 71.79%; -1.18%
Taiwan- NTD 2,217 million; 22.75%; -1.64%
East Asia- NTD 413 million; 4.24%; 49.68%
USA- NTD 118 million; 1.21%; 5.53%
For Product analysis, accumulated December sales, percentage and YoY respectively are:
Sea sales- NTD 5,940 million; 60.96%; 3.55%
Air sales-NTD 2,538 million; 26.04%; -2.17%
Logistics- NTD 1,267 million; 13%;-8.97%
Press Release Contact Window
Ms. Echo Wan, Vice President
Direct Line: +886 2 2753 2093 ext.107
+886 2 2742 3165
Mobile Phone: + 886 927 536 179
E-mail:echowan@t3ex-group.com
Ms. Linda Hsu, Assistant Manager
Direct Line: +886 2 2753 2093 ext. 193
Mobile Phone: + 886 980 909 388
E-mail: lindahsu@t3ex-group.com
11/01/2016 Dissemination of a Press Release, transmitted by EQS TodayIR – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Media archive at www.todayir.com