Page 90 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

90 ONE REPORT (FORM 56-1) 2024

Total Amount
Related Parties / Nature of (Unit: THB Million) Transaction
Relationships Transactions Rationale
Year 2023 Year 2024

S.F. EXPRESS (CHINA) Sales of goods and services KEX provides custom

LIMITED (“SF CHINA”) clearance, and last-mile
Sales and service income 2.40 3.83
A subsidiary of S.F. Holding Trade and other receivables 3.11 7.51 delivery service for SF
Co., Ltd, KEX’s ultimate major CHINA. The last mile-
Operational Highlights and Financial Summary
shareholder delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

S.F. EXPRESS (TAIWAN) Sales of goods and services KEX provides custom

Key Milestones
LIMITED (“SF TAIWAN”) clearance, and last-mile
Sales and service income 0.85 1.24
A subsidiary of S.F. Holding Trade and other receivables 1.14 0.62 delivery service for SF
Co., Ltd, KEX’s ultimate major TAIWAN. The last mile-
shareholder delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
Business Overview
to third party.

S.F. EXPRESS CO., LTD Sales of goods and services KEX provides custom
(“SF SHENZHEN”) Sales and service income 15.92 41.78 clearance, and last-mile

A subsidiary of S.F. Holding Trade and other receivables 20.77 11.44 delivery service for
Co., Ltd, KEX’s ultimate major SF SHENZHEN. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.
Governance Structure and Practices

GUANGDONG SF E-COM- Sales of goods and services KEX provides custom
MERCE CO., LTD. (“SF Sales and service income 4.06 9.48 clearance, and last-mile
GUANGDONG”) delivery service for SF
Trade and other receivables 5.22 2.41 GUANGDONG. The last
A subsidiary of S.F. Holding
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge
rates and conditions are
Financial Performance
comparable to those given
to third party.

Sustainable Development