This includes warehousing and value-added services, trucking and business: two distribution and returns management, whilst other ancilliary services are also managed. Whilst integrated logistics accounts for 39% of turnover, it dominates the segment contribution at 51% of main areas gross profit. Excluding the extremely high margin "Hong Kong warehouse" portfolio, integrated logistics delivers a robust 9.9% gross margin. We believe the complex supply chains across Asia demand an increasing level of value added services as consumers become more sophisticated and consumption patterns evolve to demand a wide variety of local and international products. International Freight Forwarding. This includes primarily ocean freignt, air freight and cross border road freight. Services primarily cover intra-Asia and Asia-Europe. Despite accounting for turnover, this is a relatively low margin business at only 2.6%. However, we believe this segment offers KLN the look-through visibility into the international customer base, and allows them to cross sell services into the last mile integrated logistics required within the consuming market. This is especially true within Asia, where the geographic and regulatory terrain is vastly more complex than in the developed markets.