Page 99 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED 99

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

Suzhou Shunfeng Express Co., Sales of goods and services KEX provides custom
Ltd. clearance, last-mile delivery
Sales and service income - 0.017
A subsidiary of S.F. Holding Trade and other receivables - 0.017 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.

NingBO S.F Express Sales of goods and services KEX provides custom Key Milestones
Corporation Limited clearance, last-mile delivery
Sales and service income - 0.004
Key Milestones
A subsidiary of S.F. Holding Trade and other receivables - 0.004 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.

Business Overview
KEX Express (US) LLC Sales of goods and services KEX provides custom
clearance, last-mile delivery
A subsidiary of S.F. Holding Sales and service income - 0.001
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.001 service for SF. The last
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given Governance Structure and Practices
to third party. Financial Performance

Governance Structure and Practices

Financial Performance

Sustainable Development
Sustainable Development