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17 Apr 2026
Eneco Provides Key Business Updates on Operational Performance
- The Group’s logistic division, operating under Richland Logistics Services, is a market leader in air cargo services within Singapore, and it has experienced increased airborne trade volumes due to recent disruptions in seaborne transportation that have driven stronger demand for time-sensitive logistics needs.
- Well-positioned to mitigate impact from rising diesel costs, supported by cost pass-through mechanisms thereby enabling the Group to maintain earnings stability amid fuel price volatility
- Continual expansion of its EV fleet to support growing demand from the Group’s established customer base.
See link for full media release: https://links.sgx.com/FileOpen/EEL_Press%20Release%20-%20Business%20Updates.ashx?App=Announcement&FileID=884496