Twin engines of warehousing and concrete production drive returns for GKE
Company turned profitable last year as demand improves at both its business segments; it is also looking into new ventures.
Singapore
GKE Corp's diversified business of warehousing and logistics in Singapore and strategic infrastructure investments in China has proven resilient in the Covid-19 crisis. Demand at both arms of its business has risen.
Faced with supply chain disruptions, many of GKE's clients started stockpiling supplies in a move away from the common asset-light "just in time" (JIT) strategy. GKE Corp's warehouse capacity of about one million square feet is currently full, and the company is on the lookout to acquire or rent additional storage space.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
The factors that make South-east Asia’s top conglomerates stand out