Page 95 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED 95

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

S.F. Express Corporation (USA) Sales of goods and services KEX provides custom

A subsidiary of S.F. Holding Sales and service income - 0.004 clearance, last-mile delivery
Co., Ltd, KEX’s ultimate major service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

S.F. INTERNATIONAL PTE. LTD Sales of goods and services KEX provides custom Key Milestones
(Singapore) clearance, last-mile delivery
Sales and service income - 0.15
A subsidiary of S.F. Holding Trade and other receivables - 0.03 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge
rates and conditions are
comparable to those given Business Overview
to third party.

SF. EXPRESS (DONGGUANG) Sales of goods and services KEX provides custom
LIMITED clearance, last-mile delivery
Sales and service income - 0.009
A subsidiary of S.F. Holding Trade and other receivables - 0.015 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge
rates and conditions are
comparable to those given Governance Structure and Practices
to third party.

SF GLOBAL EXPRESS (M) SDN Sales of goods and services KEX provides custom
BHD clearance, last-mile delivery
Sales and service income - 1.82
A subsidiary of S.F. Holding Sales of equipment - 1.39 service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder Trade and other receivables - 1.48 clearance surcharge
rates and conditions are
comparable to those given
to third party. Financial Performance

HuBei SF Express Corporation Sales of goods and services KEX provides custom
Limited clearance, last-mile delivery
Sales and service income - 0.001
A subsidiary of S.F. Holding service for SF. The last
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge
rates and conditions are
comparable to those given Sustainable Development
to third party.