The Executive Talk: Kerry Express (Thailand) PCL (SET: KEX) – QNT Press Release

BANGKOK, May 16, 2022 – (ACN Newswire) – Kerry Express (Thailand) PCL (SET: KEX) Chief Executive Officer, Mr. Alex Ng discusses the company’s strategy behind its achievement as the leading express parcel delivery in the country in The Executive Talk (TET) by ShareInvestor.

1. Last year, the COVID-19 pandemic massively affected the economy. How has it challenged your business, and how did you cope with it?

Many people understand that Kerry must benefit from COVID-19 because more and more people shop online during the lockdown. Therefore, we have to deliver these parcels to their homes. So yes, in terms of business growth, we have experienced recorded high business growth in the past couple of years. But generally speaking, we do not like Covid-19. It disturbed our daily operations in a very big way. The supply of manpower, truck movement, and resource management planning got very difficult. Therefore, we all hope that the Covid-19 crisis will end soon.

However, I must admit that we managed the crisis very well while many transportation, logistics, and express companies did not effectively plan or overprepare for the situation. You may have read on the news that some companies got disrupted. Some had to suspend their sorting processes, while others even had to close their warehouses. But Kerry maintained very good continuity during COVID-19. It is payback for our dedication and well-plan. We now work 24-7, 365 days, and have no holidays.

2. What do you think has proved your market-leading position in Thailand?

First of all, we are the listed company with strong capital. As many logistics companies struggle with financial difficulties, Kerry Express focuses on improving our operations, such as business strategy and human development. So, we are more focused. At the same time, we are not very bureaucratic. While many listed companies or large corporations can be very bureaucratic, Kerry is an entrepreneurial organization with high mobility and flexibility, which …