MICE

Mr.Chudet Kongsoonthorn, Managing Director and Business Development of WICE Logistics Public Company Limited (WICE) Revealed that WICE has signed a 1 year contract to administer and transport merchandises of China’s biggest solar panel manufacturer. WICE will gradually receive a 40 million baht revenue recognition in total, starting from August 2018. WICE expects the first recognition at 1.25 million baht. WICE has rent 9,600 square meters warehouse at Laem Chabang province, Chonburi to serve the deal. The company, who WICE refers as “customer” is a regular customer that uses WICE’s 13,000 square meters warehouse management before. “Our customers’ have constant growth in business, resulting a bigger warehouse management and other services from us. This is a great opportunity for WICE to increase revenue in the second half of 2018. The deal has been agreed on 1 year service that WICE will transport solar panels to the warehouse and manage the stock as instructed by the customer. In the future, WICE is expected to be assigned more on such deals” Said Mr. Chudet. The 2018 overview is believed to be outstanding. The revenue is supposed to increase no less than 30% or around 1.8 billion baht as forecasted. The increase is due to a build on from regular customers, while implementing “Organic” business expanding strategy and a rise in “Inorganic” growth with SEL and UWT helps increase WICE’s business in every way.