Friday, February 17, 2012

City-Link targets 20% revenue growth with new ‘Super Hub’



City-Link Express Sdn Bhd is targeting a 20% growth in revenue for its fiscal year ending Dec 31, 2012, with the completion of its new RM65 million "Super Hub" in October this year and as it increases its market share in Malaysia and overseas. The express courier services company posted revenue of more than RM100 million in 2011.
It hopes that the “Super Hub” will contribute 20% to its growth target by having 25% of its total number of pieces shipped through this new facility.
The Super Hub is touted to be 12 times larger than the company’s present operations hub at the Glenmarie Industrial Park in Shah Alam (which currently sorts more than nine million shipments a year).
Company founder and chief executive officer Datuk David Tan said: “It would enable us to increase the volume of our business services which is in line with our ever growing business.
“It will set a benchmark in the whole of South-East Asia because of its unique RM5 million auto sorting machine that accelerates the speed of delivery times while sorting out shipments more efficiently. With this, it would contribute greater accuracy in ensuring shipments reach the intended customers.”
The Super Hub will house around 530 employees and will be located at Bandar Saujana Putra, a new township that is adjacent to Putra Heights.
“This is a strategic location as it would be situated along the Elite Highway and in the hub of the Southern Corridor of Selangor. This provides convenient access to the new facility via the Elite Highway which links North Klang Valley Expressway, Damansara-Puchong Expressway and Kesas Highway,” said Tan.


Source: themalaysianreserve.com

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