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The detail information of T3EX group's November performance. Dear Sir November sales, NTD 757 million, of T3EX group decreased 16.7% YOY, and accumulated sales, NTD 89.6 billion, increased 2.59% YOY. Strike of West coast harbor in 4Q 2014 caused sea and air export demand increase and full loading in container ship and air transport for urgent cargos later, raising the sea and air freight. The strike of West Coast Harbor also made sales of T3EX group hit the historical high. This year, the global trade activities have gone down, and appreciation of USD curbed export in Asia market. According to General Administration of Customs of China statistics, November export and import went down to 6.8% and 8.7% respectively compared with last year, affecting the demand of international cargos and made carriers extensively lowered their freight. Compared with sea freight last November, November 2015 in Transpacific West Coast, Transpacific East Coast, and North Continental Port respectively declined to 50%,60% and70%. Meanwhile air freight declined to 40% averagely. Sales of T3EX group are strongly affected by strongly decreasing of international freight. However, T3EX group still insist on developing LCL and total solution business to expand high value-added business under the depression. Gross margin of T3EX group of November and this year still keep over 19%, which has grown 3% comparing to 16% last year. And the accumulated gross profit has grown 14% YoY. T3EX group predicts that the condition of global economic will sustain, so the strategy of international logistics still keep on high profit business by product integration. For overseas market, T3EX group will focus on investing Southeast Asia, such as Malaysia, Myanmar, the Philippines and India. For China domestic logistics, T3EX group will integrate import logistics and customs declaration business of YHI, B2B logistics for warehousing and transportation of T-Cube Logistics, and B2C express delivery of EXer Logistics. Besides, T3EX group will actively develop China-Europe Rail Transport in next year based on the cities of Zhengzhou, Suzhou, Wuhan, Yiwu, and Shenyang. T3EX group also have built sales team and cooperated with some European companies, including export provider in automobile and machine tools industry, and import provider in food and alcoholic beverage industry. Through these plans, T3EX group acquired a lot of positive feedbacks, so T3EX group predict that can contribute sales performance next year. For area sales analysis, accumulated November sales, percentage and YoY respectively are: China and Hong Kong- NTD 6,435 million; 71.83%; 1.35% For Product analysis, accumulated November sales, percentage and YoY respectively are: Press Release Contact Window Ms. Echo Wan, Vice President Ms. Linda Hsu, Assistant Manager ? End of Press Release +++++ Document: http://n.equitystory.com/c/fncls.ssp?u=GCJRVHTUSI Document title: T3EX: The Detail Information of T3EX group's November Performance Key word(s): Monthly Figures
14/12/2015 Dissemination of a Press Release, transmitted by EQS TodayIR - a company of EQS Group AG. |
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