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ETL Q3/2026 Profit Surges 186% via Strategic Cost Management

ETL Q3/2026 Profit Surges 186% via Strategic Cost Management

MGR Online•Economy•43m ago

Reader Briefing

EuroAsia Total Logistics reported a net profit of 31.5 million baht for Q3/2026, representing a 186% increase compared to the previous year.

  • •EuroAsia Total Logistics (ETL) achieved a Q3/2026 net profit of 31.5 million baht on revenues of 589.4 million baht.
  • •For the first 9 months of 2026, ETL recorded total revenues of 1,672.4 million baht and a net profit of 4.8 million baht.
  • •The company is implementing strategies to increase revenue and reduce costs by focusing on high-margin customers and long-distance transport routes.
  • •CEO Thanes Mekhintrangkur stated that the profit flip reflects the efficiency of the company's planned strategic roadmap.

Overview

  • •EuroAsia Total Logistics reported Q3/2026 service revenue of 589.4 million baht, an increase of 126.5 million baht or 27% from the same period last year.
  • •Net profit for EuroAsia Total Logistics in Q3/2026 rose to 31.5 million baht from 11 million baht in the previous year, an increase of 186%.
  • •For the first 9 months of 2026, EuroAsia Total Logistics earned 1,672.4 million baht in service revenue with a net profit of 4.8 million baht.
  • •The Q3/2026 profit increase resulted from adjusting route management and service price structures to align with costs, focusing on high-value cargo and popular routes such as China to Malaysia and Singapore, as well as routes to Central Asia.
  • •EuroAsia Total Logistics is managing transportation costs and exchange rate risks by adjusting service fees to reflect rising fuel prices and reducing empty truck trips.
  • •EuroAsia Total Logistics developed technology systems and applications to plan and control vehicle movements to reduce long-term unnecessary costs.
  • •Thanes Mekhintrangkur stated that the company will continue to monitor the global situation closely and adjust plans as appropriate to protect the interests of the company, shareholders, and stakeholders.

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Key Quotes

Thanes Mekhintrangkur
"The company remains committed to adjusting operational strategies to align with situations and ever-changing factors."
บริษัทยังคงยึดมั่นปรับกลยุทธ์การดำเนินงานให้สอดคล้องกับสถานการณ์ และ ปัจจัยที่เปลี่ยนแปลงอยู่เสมอ

Key Entities

Organization

EuroAsia Total Logistics(ยูโรเอเชีย โทเทิล โลจิสติกส์)
A cross-border freight transport service provider also known as ETL.

Person

Thanes Mekhintrangkur(ธเนศ เมฆินทรางกูร)
Chief Executive Officer of EuroAsia Total Logistics Public Company Limited.

Place

China(จีน)ℹ️
A country involved in the company's popular transport routes.
Malaysia(มาเลเซีย)ℹ️
A country involved in the company's popular transport routes.
Singapore(สิงคโปร์)ℹ️
A country involved in the company's popular transport routes.
Central Asia(เอเชียกลาง)ℹ️
A region to which EuroAsia Total Logistics provides transport services.