KLN Logistics Group Limited has opened a new 61,000 sq ft bonded logistics facility in the Netherlands (the ‘Hoofddorp facility’) by upgrading its Hoofddorp site to a new warehouse and processing facility, in order to boost its capabilities in the Europe, the Middle East and Africa (‘EMEA’) region and meet the rising demand for e-commerce capacity. Riding on the growing e-commerce demand, the Hoofddorp facility has allocated 40 percent of its operations specifically for e-commerce shipments. … [Read more...] about KLN opens new logistics facility in the Netherlands to meet growing e-commerce demand in the EMEA region
KLN
Kerry Logistics Network posts 95% growth in profit attributable to the shareholders growth in revenue and core net profit outperforms the market
Kerry Logistics Network Limited (KLN) announced the Group’s annual results for 2024. Group’s financial highlights Revenue* grew by 23% to HK$58,274 million (2023: HK$47,408 million) Core operating profit* increased by 23% to HK$2,725 million (2023: HK$2,207 million) Core net profit* increased by 12% to HK$1,357 million (2023: HK$1,214 million) Profit attributable to the Shareholders was HK$1,542 million, which represents a growth of 95% (2023: HK$791 million) Integrated … [Read more...] about Kerry Logistics Network posts 95% growth in profit attributable to the shareholders growth in revenue and core net profit outperforms the market
