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News / Global forwarding the star performer, driving growth for Kerry Logistics

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Kerry Logistics Network’s freight forwarding division drove growth at the group, which saw core net profit in 2020 grow 33% to HK$3.32bn (US$234m).

Revenues rose 30% to HK$53.3bn, while its cash position grew some 45%, to HK$8.47bn.

Kerry’s International Freight Forwarding (IFF) arm was “the powerhouse”, said ...

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