Freight Links

Freight Links: Latest was its FY13 results on 27 Jun, where net profit grew 19% to $38.4m, while revenue climbed 15% to $171.1m. The better performance was attributable higher warehousing and chemical logistics sales and fair value gains of $13.8m from its investments in Sabana REIT and Sentosa Asian Credit Offshore Feeder Fund. Group proposes a first and final DPS of 0.5¢ versus 0.45¢ the previous year. Separately on 14 Jun, Freight Links announced its expansion into the commodity logistics business, after inking a coal logistics agreement with Chongqing Heijin Industrial (a subsidiary of Blackgold International Holdings) to supply 3m tons of coal to Shanghai Time Shipping Co.