ExpolankaHoldingsPLCAR2021-22.pdf - Flipbook - Page 22
EXPOLANKA HOLDINGS PLC
INTEGRATED ANNUAL REPORT 2021/22
Our flagship, logistics vertical is our forte. We will
continue to scale up and invest in growth—striving to
position and gain share as a digitally-driven the top-tier
logistics companies in the world. With much potential
for further market expansion, we intend to consolidate
our footprint in the North American trade lane, whilst
taking on opportunities to grow our presence in Europe
and intra-Asia . Apart from our key products, air and
ocean freight—which amount to almost 95 percent of
the sector revenue—we expect to aggressively expand
our portfolio of other services, less penetrated thus far,
across the value chain—thus, offering a total solution.
With the ongoing market disruptions, we are hopeful
to penetrate in to domestic logistics space, both as a
complementary service to our core business in freight—
as was the case with our recent acquisitions in the
USA—as well as independently, in international markets.
This is aside the consolidation of our local businesses
under EFL 3PL, Oki Doki and GSA segment. Increased
concentration will be placed in further developing our
digital capabilities and sustainability.
Our leisure sector is adopting a consolidation strategy
focusing on the long term. The Industry is in a
transitionary state, impacted by the Pandemic and
other socio economic factors. However, medium term
prospects are exciting with viable opportunities for
sustainable growth. In this regard, too, we will continue to focus on growing our core corporate travel business,
which contributes almost 80 percent of the sector revenue. We will continue to build on our expertise and
capacity to offer attractive travel solutions to both ‘business to consumer’ and ‘business to business’ customers.
Aside, we are optimistic in growing our exposure in terms of inbound operations and as a destination
management company. We are also proactively looking at capitalising on emerging international market
opportunities in Bangladesh, with strong demand trends and dearth of local expertise in travel solutions.
In the case of our export operations, we have already initiated a pragmatic restructuring programme in terms
of rationalising the product portfolio, mitigating high risk profiles and streamlining factory processes to scale up
and generate adequate returns on investment.
The Technology business has a strong business case, there is merit in concentrating on strengthening our
expertise and growing our exposure with strategic tie-ups with leading tech-companies in the world. Clearly,
this business is gaining ground within our portfolio, becoming the third in line of our sector priorities, following
logistics and leisure.
Whilst we pursue these business strategies, the group will concentrate on continuing to enhance its capital
structure to facilitate value creation for its stakeholders. Top of the mind concentration will be placed on
governance structures and policy framework which augment the operations of the company in an effective and