Executive Talk
For the business and the Thai beauty industry, 2023 is anticipated to be another difficult year. Even though the COVID-19 outbreak crisis was resolved in a much better way there are indications that Thailand's economy and the global economy are recovering. Nonetheless, several economic concerns, including inflation, the trend of rising interest rates, and the likelihood or existence of conflict in several nations, continue to cast doubt on the recovery. The organization places a high value on the necessity of constantly monitoring changes and their possible effects on the business. Changes are often implemented in order to reduce adverse impacts and facilitate quick business growth. This entails raising our game while looking for opportunities to expand our business in the future and prioritizing risk control and long-term organizational viability.
Furthermore, the company places an elevated value on sustainable growth. Business activities can expand in a balanced manner through monitoring economic, social, and environmental (ESG) issues and considering business operations and management. Transparency in corporate governance would be crucial in this situation. Following the rules and regulations is one aspect of the system in place to monitor and balance risk management.
In 2024, the company will continue to pursue our objectives of fostering corporate expansion to reaffirm our position as an innovator in both health and beauty products. We are prepared to look for business opportunities related to new product innovation both domestically and internationally to enhance customer pleasure and provide products that help achieve the objective of achieving sustainable growth. The company will continue to employ technology in tandem in order to stay up to date with the digital world.
Lastly, a sincere thank you to everyone who has consistently helped the company run its operations, especially the investors who have placed their faith in it. Every customer chooses our brands and services. Our business partner and a collection of financial institutions foster the expansion of businesses. We express our gratitude to the management team, board of directors, and employees for their support and belief in the company's continued functioning. This motivates us to continue advancing in a way that is sustainable and advantageous to all parties involved, including clients, shareholders, and society at large.