Asia Network International PCL

The board of Asia Network International, or ANI, has approved the company borrowing funds from its major shareholder to reduce financing costs and strengthen its business expansion. Mr. Sutthiphon Phummarin, ANI's chief financial officer, said this long-term borrowing gives the company low financing costs and reflects the major shareholder's confidence in the company's potential and growth outlook. The funds will be used to invest in business expansion.

Triple i Logistics Public Company Limited, or III, announced second-quarter 2026 results with net profit of 140.9 million baht, up 91.5% from the same period last year and up 48.2% from the previous quarter, marking the highest net profit in 10 quarters. Total revenue was 725.6 million baht, up 12.9% year-on-year and up 19.9% quarter-on-quarter. Growth was driven by all three core business groups: air cargo transportation, logistics for chemicals and dangerous goods, and logistics management. Share of profit from associates was 115.8 million baht, up 61.7% year-on-year, as ANI recognised higher profit from its airline cargo sales agency business, while AOTGA's profit declined due to investment expenses for service expansion. As a result, first-half 2026 total revenue reached 1.33 billion baht, up 13.3%, and net profit totalled 235.9 million baht, up 29.5% from the previous year. For the second half, the company is confident in continued growth from the high season and its Aviation Ecosystem strategy, including charter flight services and fixed-schedule freighter services in the fourth quarter, along with an additional 5,000 square metres of chemical warehouse space. The company is also in talks on two to three merger and acquisition deals expected to close in 2026. It is therefore confident in raising its 2026 growth target from 15% to 20%.

SCGJWD Logistics Public Company Limited, or SJWD, reported second-quarter net profit for 2026 of 463.46 million baht, up 64.04% from the same period last year. Total revenue was 7.06 billion baht, up 9.7%, and gross profit was 1.04 billion baht, up 17.3%. Growth was driven by core businesses including freight transport, warehousing and inventory management, overseas logistics, and temperature-controlled goods. The company also recognised share of profit from investments in associates and joint ventures of 201.3 million baht, up 85.6%, thanks to improved performance at Transimex Corporation and Asia Network International, as well as a gain on equity instruments measured at fair value of 93.5 million baht and net non-recurring items of 21 million baht. Excluding special items, net profit was 442.5 million baht, up 56.6%. For the first six months of 2026, net profit was 739.93 million baht, up 14.18%, and the board approved an interim dividend of 0.20 baht per share. The stock will trade ex-dividend on 26 August 2026, with payment on 10 September 2026.

Asia Network International, or ANI, reported second-quarter net profit of 261.7 million baht, up 92.4% from the same period last year and up 130.6% from the first quarter. Service revenue came in at 2.22 billion baht, a 21.5% increase from a year earlier, driven by air freight charges and demand on key routes, along with higher share of profit from joint ventures and lower finance costs. For the first six months of this year, the company posted total net profit of 375.21 million baht, up from 274.05 million baht a year ago. The company is pressing ahead with network expansion in Japan and Europe to diversify trade lanes and support future growth.