Page 97 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED 97

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

KERRY EXPRESS VIETNAM Sales of goods and services KEX provides custom
COMPANY LIMITED clearance, last-mile delivery
Sales and service income - 0.012
A subsidiary of S.F. Holding Trade and other receivables - 0.012 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
to third party.

S.F. EXPRESS (HK) LIMITED Sales of goods and services KEX provides custom Key Milestones
clearance, last-mile delivery
A subsidiary of S.F. Holding Sales and service income - 0.013
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.07 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given Business Overview
to third party.

S.F. EXPRESS INTERNATION- Sales of goods and services KEX provides customs
AL (SINGAPORE) PTE. LTD. clearance to SF Singapore
Sales and service income - 136.65
A subsidiary of S.F. Holding Trade and other receivables - 73.20 at the comparable rates
Co., Ltd, KEX’s ultimate major and conditions to those
shareholder charged to third party.

Zhuhai SF Express Co., Ltd. Sales of goods and services KEX provides custom Governance Structure and Practices
A subsidiary of S.F. Holding Sales and service income - 0.003 clearance, last-mile delivery
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.003 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party.

Fuzhou SF Express Co., Ltd. Sales of goods and services KEX provides custom Financial Performance
A subsidiary of S.F. Holding Sales and service income - 2.74 clearance, last-mile delivery
Co., Ltd, KEX’s ultimate major Trade and other receivables - 2.74 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party. Sustainable Development