EXPANDING MARKETS:The leasing services provider is to begin operations in the Philippines this year in addition to its business in Vietnam, Malaysia and Thailand
Date: Mar 20, 2017
By: Ted Chen / Staff reporter
Chailease Holding Co Ltd (中租控股) expects its expanded presence in Southeast Asia to sustain earnings growth this year, chairman Albert Chen (陳鳳龍) said last week.
Highlighting its focus on the region, the nation’s top leasing services provider this year began reporting on its new operations in Vietnam and Malaysia along with its more established business in Thailand.
The two markets are expected to provide stable profit contribution and the company has established a presence in five of 10 ASEAN countries, Chen told investors at an earnings conference in Taipei. [FULL STORY]