SJWD Q2/69 profit hits new high of 463.4 million baht

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SCGJWD Logistics Public Company Limited, or SJWD, reported second-quarter 2069 results that set a new record, with total revenue of 7.06 billion baht, up 11.6% from the previous quarter and 9.7% from the same period last year, and net profit of 463.4 million baht, up 67.6% from the previous quarter and 64.0% from the same period last year. Share of profit from joint ventures rose to 201.3 million baht, also a new record. Gross profit margin increased to 15.0%, compared with 14.1% in the previous quarter and 14.0% in the same period last year. General warehouse business revenue was 388.3 million baht, up 18.5%. Dangerous goods warehouse revenue was 169.5 million baht, up 12.9%. Cold storage warehouse revenue was 327.0 million baht, up 20.4%. B2B freight transportation services revenue was 2.36 billion baht, up 11.3%. D2C freight transportation services revenue was 616.9 million baht, up 25.0%. Multimodal transportation services revenue was 283.0 million baht, up 12.5%. Overseas business revenue was 1.25 billion baht, up 20.1%. The board approved an interim dividend for the first six months of 2026 at 0.20 baht per share, totaling 355.3 million baht, with the ex-dividend date set for 26 August 2026 and payment on 10 September 2026. The company expects full-year performance to exceed its revenue target of 26 billion baht, supported by rising demand for logistics and warehouse services, general warehouse business tied to AI and data center investment supply chains in Thailand, where about 25,000 pallets of such goods are currently stored and are expected to increase by another 30% within 12 months, as well as a plan to reduce financial costs by issuing new debentures worth 1.5 billion baht to replace 3.7 billion baht of debentures maturing this year.

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