LUMPUR: Logistics company, Kontena Nasional Bhd (KNB), is enhancing
its information technology (IT) infrastructure in a bid to secure
quality clients to enjoy higher margins.
executive officer Hood Osman said KNB’s revenue grew along with
the country’s gross domestic product (GDP) for the past four to
he said, it was unable to reap good margins.
essence is to find more quality businesses. The problem we have is
margin. You see higher revenue but it does not mean good margins,”
he told Bernama in
said KNB targeted between RM240mil and RM250mil in revenue this year
and RM300mil in 2012.
year, the company recorded revenue of RM203mil.
said most big companies required total logistics services and for
KNB to secure this group of clients, it needed to be ready with the
said KNB planned RM85mil for its 2012 and 2013 capital expenditure
which will entail prime mover replacement, additional fleet for
conventional trucking and IT infrastructure.
the amount, he said, RM10mil was for IT infrastructure as the
development was crucial to meet today’s customer’s expectations,
including faster turnaround, identification of problems and
said KNB’s expansion plan would increase the fleet size of its
conventional trucks to 150 units in the next two years from 55
currently and 405 prime movers from 392 presently.
hope that with all these initiatives, KNB will come back to show we
are around for the last 40 years and we are living with the time. We
are progressing to meet with the demand of the industry, the
Government and the global business,” he said.
said KNB needed to diversify itself from a being a transporter to a
total logistics solution provider because there were 187 prime mover
licencees and nearly 2,000 freight forwarders in Malaysia.
KNB moved into new business segments, Hood said, container haulage
segment would contribute only 40% of the company’s total revenue
from 61% last year.
percent of KNB’s revenue would be contributed by its new segments,
namely logistics infrastructure, warehouses, freight forwarding
sales, conventional trucking and halal logistics,
needs to re-model itself to meet the current demand by the global
and local trade. It’s currently pushing for more domestic
transactions to be on higher level to support the logistics
industry,” he said. — Bernama