Page 94 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

94 ONE REPORT (FORM 56-1) 2024

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

Hainan Shunfeng Express Co., Sales of goods and services KEX provides custom
Ltd. clearance, last-mile delivery
Sales and service income - 0.15
A subsidiary of S.F. Holding Trade and other receivables - 0.15 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
Operational Highlights and Financial Summary
shareholder clearance surcharge
rates and conditions are
comparable to those given
to third party.

S.F. EXPRESS GROUP Sales of goods and services KEX provides custom
(SHANGHAI) EXPRESS CO., Sales and service income - 1.15 clearance, last-mile deliv-
Key Milestones
LTD. ery service for SF. The last
Trade and other receivables - 0.44 mile-delivery and customs
A subsidiary of S.F. Holding
Co., Ltd, KEX’s ultimate major clearance surcharge rates
shareholder and conditions are compa-
rable to those given to third
party.

Business Overview
Wuxi Shunfeng Express Co., Sales of goods and services KEX provides custom
Ltd. Sales and service income - 0.001 clearance, last-mile

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

SHANGHAI SHUN HENG Sales of goods and services KEX provides custom

Governance Structure and Practices
LOGISTICS CO., LTD. Sales and service income - 0.12 clearance, last-mile
A subsidiary of S.F. Holding Trade and other receivables - 0.03 delivery service for SF.
Co., Ltd, KEX’s ultimate major The last mile-delivery
shareholder and customs clearance
surcharge rates and
conditions are comparable
to those given to third
party.
Financial Performance

Sustainable Development