Nationwide Express aims for gouble digit growth

SHAH ALAM: Nationwide Express Courier Services Bhd is targeting double-digit growth in earnings and revenue in its financial year ending March 30, 2015, said its managing director Rozilawati Basir.
''We are looking forward to a double-digit growth for our financial year 2015," said Rozilawati, who noted the company do not have any plan in diversifying its business at the moment but will focus on improving its existing business segments.
The principal activities of the group consist of providing express courier services, trucking services, freight forwarding services, customised logistics services, mailroom management services and warehousing.
Nationwide's net loss shrank to RM209,000 for the first quarter ended June 30, 2014 from RM1.76 million in the same period last year. Revenue, meanwhile, increased marginally to RM 23.66 million from RM 23.55 million previously.
On the strategy to turn the company around, she said the company will improve its delivery standard and customers' experiences.
''We want to meet our customers' expectations or even exceed their expectations,'' Rozilawati said.
She said the company's new delivery solution for pharmaceuticals, Pharmaceutical Dedicated Delivery (PDD), to cater the growing needs of its customers to consign temperature sensitive and cold chain shipments that was launched on
April this year is contributing positively to the company's profit.
The company has invested RM5 million on the PDD project to buy 19 air-conditioned trucks and two trucks equipped with chillers and freezers.
She added, currently the company has a total of 180 networks, comprising of branches and agents all over the country, Singapore, Brunei, Thailand and Saudi Arabia.
''We are also providing pick ups and deliveries services for pilgrims in Mekah and Madinah to deliver their excess baggages back to Malaysia, Brunei and Singapore,'' she added.