In 2024, Asia Precision Public Company Limited remains committed to fulfilling its key mission of fostering sustainability and long-term growth. Our focus continues to be on the development of renewable energy projects and expanding our core business in the construction contracting sector, responding to changes in the energy sector. Additionally, we have been expanding into raw water and digital asset businesses, which are rapidly growing markets today. Our goal is to create sustainable value that benefits all stakeholders involved.
Although the company's performance in the past year did not meet expectations due to challenging factors such as the global economy, technological changes, and issues related to liquidity and rising financial costs amidst risks in the construction industry, we remain determined to adjust our strategies and refine our processes to better align with market conditions, preparing for sustainable growth in the future.
The company has reviewed its business strategy, particularly in the construction contracting business, which has experienced slower growth due to uncertainties arising from the ongoing conflicts in Ukraine and Palestine. Investments in digital assets have therefore become a key strategy to diversify risks and enhance long-term growth opportunities. We are also focusing on utilizing new technologies and innovations to increase our competitive capabilities and create value for all stakeholders.
We are committed to upholding the principles of good corporate governance (ESG) by conducting our business transparently and responsibly towards society and the environment. We continue to develop and improve our risk management and internal audit processes rigorously, as well as update our data protection policies to ensure compliance with laws and international standards, building trust with all stakeholders.
Despite the challenges posed by the economy and rapid changes across various industries, we are confident that by aligning our business strategy with market trends and emerging technologies, the company will continue to generate value and grow sustainably in the long term.
Finally, I would like to express our gratitude to the shareholders and all stakeholders for their continued support and trust in the company. We also extend our appreciation to the management and employees for their dedication and hard work in driving the company forward. We will continue to operate our business responsibly, with a focus on sustainability for the benefit of shareholders and all stakeholders. We wish everyone success in all endeavors and good health in 2025.
( Mr. Sompote Valyasevi )
Chairman of the Board
