Sonic Interfreight Public Company Limited

Sonic Interfreight Public Company Limited, or SONIC, said its operating outlook for the third quarter of 2026 remains strong and on plan, even as global freight rates and oil prices fluctuate. The company uses a Cost Plus management model that passes through and collects additional service fees based on actual costs from customers, so it is not directly affected and has maintained results close to those of the previous quarter. In its warehouse business on the Bangna-Trat location, which has been operating for two years, the occupancy rate is now nearly 100% of capacity, supporting other service revenue, which comprises revenue from distribution center services, container yard services, and dangerous goods services, at 35.82 million baht in the first six months of 2026, up 52.43% from the same period a year earlier. The company is still studying and seeking additional investment in purchasing warehouse space or nearby land, but some deals cannot be concluded because land prices continue to rise, adhering to a cautious investment policy, and it has substantial liquidity and cash flow on hand. The first warehouse received loan facilities from financial institutions of as much as 90% of the project value. As for the insurance broker license focused on business-to-business customers and marine insurance, the company is in the process and has appointments with the relevant agencies, and expects to complete and receive the license in the fourth quarter of this year.