Loo expects a pick up in financial performance in the second half of FY23.
ONCE known as the loss-making haulage arm of Yinson Holdings Bhd
, Swift Haulage Bhd has undergone spectacular growth in the past decade.
It has become Malaysia’s largest haulier with a market share of close to 10% and, according to Kenanga Research, Swift enjoys a “superior” pre-tax profit margin of about 10% compared with the industry average of 4%.
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