During the year 2019, the growth of the world economy is continuing slowdown from the ongoing trade war between the United States and China. For, Thai economy is still affected by the drought, baht appreciation and the delay in the issuance of annual budgets. This does not include the estimated impact of the damage caused by the outbreak of the covid-19 virus, which began in China in December 2019. Currently, it has been impacted on the economies of all countries around the world.
The performance of the Company in the year 2019, amid the price, service competition and labor problems. The company's operating results according to the consolidated financial statements showed net loss of Baht 7 million. The warehouse and wharf business had net profit of Baht 19 million while the food and beverage businesses including the lifestyle business had net loss of Baht 26 million.
In future, the Company still believe in our potential for growth in warehouse and wharf business and also food & beverage business with high growth rate and in very good trend and we are determined to develop operation system to be modern and efficiency in order to have the companys edge in the competition, fast response to customers needs and with more efficiency and at the same time reduce our operation costs in long term.
The Companys operation based on the correctness, legality, business ethics, honesty, and good governance with the consideration on the interests of shareholders and all groups of stakeholders including social and environmental responsibility regularly.
The Companys Board of Directors would like to thank all sponsors and stakeholders including all relevant parties, public and private agencies for always supporting and relying on the Company. The Company would like to promise in operating the business carefully, transparently, honestly, and fairly to all parties in accordance with the principles of good corporate governance. Moreover, the Company will continue to develop for producing the high quality products and services to the market.
Mr. Surapong Paisitpatnapong
Chairman of the Board of Directors
2044/25-27, Petchburitadmhai Rd., Bangkapi,
Huaykwang, Bangkok. 10310
Tel. 02-318-5514-5 , 02-314-0412 , 02-314-3132
Warehouse 1 & Wharf :
71, 71/1-9 Mhoo 1, Soi Suksawat 49, Suksawat Rd., Bangjark,
Tel. 02-463-4280-5, 02-4626325
Warehouse 2-3 & Documentary Warehouse:
115 Mhoo 6, Soi Suksawat 76, Suksawat Rd., Bangjark,
Tel. 02-463-0127, 02-464-1502-9
E-Mail : firstname.lastname@example.org
Tel : 0-2314-0412, 0-2314-3132, 0-2318-5514 - 5
Fax : 0-2318-3490
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