WICE Logistics Public Company Limited (WICE), a fully integrated international logistics service provider, announced strong performance for the first quarter of 2025, reporting service revenue of THB 1,060 million, a 10.1% increase year-over-year. Net profit surged to THB 56 million, representing a 45.7% increase from the same period last year.

Mr. Chudet Kongsoonthorn, Group Managing Director – Business Development, WICE Logistics Public Company Limited, stated that the Q1 results reflect the company’s robust recovery and efficient management. The primary revenue drivers were the Supply Chain Solutions segment, which recognized income from long-term contracts with clients, and the Cross-Border Land Transport segment, which saw increased transport volumes and higher profitability.

“The 45.7% growth in net profit year-over-year was driven by effective cost management and enhanced value-added services to key industries such as electronics, semiconductors, pharmaceuticals, and e-commerce,” said Mr. Chudet.

Looking ahead to Q2/2025, WICE remains committed to executing its strategic roadmap, focusing on improving operational efficiency and strengthening partnerships both domestically and internationally. The company also aims to expand its service network across Asia, particularly in the Philippines and Indonesia, while exploring new investment opportunities to mitigate volatility in the logistics sector.

WICE maintains its 2025 revenue growth target of no less than 15%, underpinned by a strong business foundation and a long-term vision to become a sustainable leader in end-to-end logistics solutions.