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Bangkok Post
Bangkok Post
Business

Losses narrow for Kerry Express in Q3

Kerry Express Alex Ng Thailand
Kerry Express delivery vehicles parked outside one of the company's logistics centres.

Courier service Kerry Express (Thailand) Plc has reported improved performance in the third quarter, with quarter-on-quarter net losses falling by 8%.

The firm posted continuous year-on-year volume growth of 5%, despite lacklustre macroeconomic conditions, inflationary pressure, lower consumer purchasing power and weaker sales in the e-commerce sector.

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