GKE Corporation

02 Apr 2021 08:24 #25666 by josephyeo
Replied by josephyeo on topic GKE Corporation
The company is basically involved in warehousing and infrastural materials, namely Ready Mixed Concrete (RMC).

Both segments are doing well. As per management comments,

1) the warehouse is operating at optimal occupancy and

2) Infrastructural materials and services segment continues to register
strong earnings growth on the back of China's economic recovery.
Production capacity has been increased from 800,000m cubic to 1,200,000m3.

It's a clear case of a turnaround company with a half-year profit of S$6.5 million which is much higher than last year's full-year profit of S$4.7 million.

For info only. Dyodd.

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20 Apr 2021 11:55 #25709 by josephyeo
Replied by josephyeo on topic GKE Corporation
ASIA-PACIFIC' S logistics expenditure is estimated to log a compound annual growth rate (CAGR) of 6.5 per cent between 2020 and 2024, according to Transport Intelligence (Ti).

" The UK-based research and analysis company estimated that spending amounted to nearly 2.6 trillion euros (S$4.2 trillion) in Asia-Pacific in 2020, accounting for 45 per cent of global logistics. In particular, the region' s e-commerce logistics market grew 22 per cent in nominal terms in 2020. Valued at 153 billion euros, it was the largest regional e-commerce logistics market. It accounted for 41.6 per cent of the global market, according to reports by Ti."

" Singapore does not have that many listed logistics players. Among the few listed here are Singapore Post, which has freight forwarding and e-commerce services container shipping company Samudera Shipping and logistics groups Chasen Holdings and GKE Corporation."

Above are selected extracts of an article published by the Business Times.

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