Message from Chairman of the Board of Directors

Overall, Thai economy in 2019 was a period that logistics business, exporting goods and service sections, has been continuously growing from previous year. Both terms are cross-border and domestic transport services; particularly, the growth of those in e-commerce businesses and digital customer groups.  Although the global economic situation is still volatile from trade conflict between the United States and China, the company performance has not been affected. Contradictory, the company performance is on surging up trend which reflects to the sound and efficient business management of the Board of Directors and the Executives. Besides, the Board of Directors and the Executives give priority in corporate good governance, effective and transparent task processes, as well as business structure improvement to be flexible and to correspond to current environment which shall lead the company to be the best company with sustainably growth for good return to stakeholders.

Year 2020, Thai economy clearly shows signal of slowing down same direction as global economy. With the trade conflict between the United States and China and the outbreak of COVID-19 causing the global economic slows down in all industries i.e. production industry, investment section, and tourist.  Today, since the world is borderless, this enables us the ability to quickly collect world economy information. Therefore, the company must have flexibility plus efficient risk management system to keep in touch with any situation. We focus on low risk business with vision of turning crisis into opportunity for continual business growth.

On behalf of the Board of Directors, I would like to thank all shareholders, investors, customers, partners, and all company supporters, executives, staffs, and all stakeholders for your always well collaborations. The Board of Directors has been dedicatedly working with their full ability to revive the company performance to return to healthy growth again. They also are aware in maintaining the highest return to the shareholders and the company as always.

General Jongsak Panichkul