On behalf of the company’s Board of Directors, the Chairman and the entire management team, we would like to express our gratitude to every one of our shareholders for your long-term support of Dimerco Express Group during our promising developments and for sparing your time to participate in the 2023 shareholder’s meeting.
As per the KPMG audited Dimerco Express Group 2022 Financial Statement, the consolidated sales revenue in 2022 was NTD41,174 billion, an increase of 5.6% compared with the previous year. The net profit after tax reached NTD2.53 billion, an increase of 9.9% compared with the previous year. The earnings per share (EPS) after tax is NTD18.71, an increase of 10.2% compared with the previous year. With the efforts of all employees, the sales revenue, net profit after tax, and earnings per share (EPS) after tax have all reached historical highs.
In 2022, the international transportation and logistics market was facing severe challenges. The global economy has been affected by factors such as inflation, US Federal Reserve balance sheet reduction and interest rate hike, China’s lockdown by zero-Covid policy, and the Russian invasion of Ukraine. Moreover, there were negative factors, such as pandemic-related global supply chain disruptions. The operational challenges faced by international logistics service providers were extremely severe. Despite this, Dimerco Express Group has achieved excellent revenue and profit performance and repeatedly set new records. This is mainly due to Dimerco’s global network of forwarding and logistics locations and our cloud-based SCM international logistics service platform. With clear market positioning and effective digital marketing to attract customers, Dimerco Express Group has been able to deliver solid results.
Dimerco’s 150+ service locations have been established in important niche markets globally, providing customers with a one-stop solution for consistent international transportation and logistics services. Based on excellent operational performance across the network, our services have gained popularity and good reviews.
Dimerco Express Group’s cloud-based international logistics service platform and digital tools play a key role in enhancing the company’s competitive edge.
- Through big data analysis, we gain a deeper understanding of customer needs.
- Through our Cloud Networking SCM Platform – the Dimerco Value Plus System (with Information Security Certification including ISO27001:2013 BSI Certification N0. IS 743553) – we can adapt quickly to market change and provide diverse and localized service to satisfy customers’ supply chain management needs.
- We continue to digitalize processes, including our use of Robotic Process Automation (RPA) to enhance efficiency, reduce operating costs and increase profits.
- Our MyDimerco portal provides customers a one-stop resource for freight tracking and performance – anywhere, anytime, from any device. Customers appreciate this mobile intelligence capability, which greatly enhances our customer service.
Looking to the future, Dimerco is well prepared to face the coming challenges in the global transportation and logistics market. The international economic outlook is still weak, inventory needs to be reduced and/or adjusted, and the US-China rivalry and the Russia-Ukraine conflict continue. The US interest rate hikes have caused a crisis of confidence and credit in the banking system. Although inflation is slowing down, it still poses potential threat. Demand for international transportation remains weak, and a third-quarter improvement is uncertain. However, we will leverage our established resources, digital capabilities, and strong management team to adapt to the market volatility and utilize our Dimerco Value Plus System to provide diverse and localized solutions to meet our customers’ needs and achieve our business goals. Those goals, as always, are to satisfy our customers, to achieve our business management objectives in compliance with our ESG standard, to support and to reward our productive and valued employees who contribute to the growth of the company, and to deliver a fair return to all our shareholders.
Thank you for your continued support!
Dimerco Express Corporation
Dimerco Express Group