Dear Shareholders
The year 2025 marked another period in which the Company navigated its operations amidst global economic volatility and fluctuations within the agricultural sector. Uncertainties in global trade, coupled with foreign exchange rate volatility, continued to impact the business decisions of operators at all levels. Nevertheless, the Company effectively realigned its operational strategies, prioritizing prudent cost management and expense control to adapt to the evolving landscape. These measures have allowed us to continuously enhance our competitive edge.
Looking ahead, 2026 presents profound structural challenges within the industry. We are monitoring risks stemming from the new tariff agreement between Thailand and the United States, which may impact competitiveness in the domestic animal feed raw material market. Simultaneously, rapid technological advancements particularly the integration of Artificial Intelligence (AI) in risk management serve as both opportunities and challenges. The Company is prepared to adapt to these shifts prudently and proactively.
The Company remains committed to maintaining balanced growth across all dimensions, striving for robust financial performance alongside our sustainability mission. In 2025, the Company achieved a 5-star or “Excellent” Corporate Governance Report (CGR) rating for the 7th consecutive year. We were also recognized in the "Top Quartile" of listed companies with a market capitalization between Baht 10,001–30,000 million and within the Agro & Food Industry sector by the Thai Institute of Directors (IOD).
Furthermore, the Company received a perfect score of 100 in the AGM Checklist assessment for 2025, achieving the level of “Exemplary Level of Excellence” for the 5th consecutive year. The Company was also awarded a SET ESG Ratings of AAA by the Stock Exchange of Thailand and received the CSR-DIW Continuous Award 2025 from the Department of Industrial Works. In addition, the Company was selected as one of the ESG100 list for the 10th consecutive year and received the Sustainability Disclosure Award for the 5th consecutive year. The Company also successfully renewed its certification as a member of the Thai Private Sector Collective Action Against Corruption (CAC) for the 2nd consecutive term, covering the period 2025–2028. These recognitions are a source of pride for our entire team, reflecting our dedication to Corporate Governance, Social Responsibility, and Environmental stewardship to deliver long-term value to our shareholders.
On behalf of the Board of Directors, I would like to extend my deepest gratitude to all our valued stakeholders, shareholders, customers, business partners, financial institutions, private and public sector entities, the general public and the media for your continuous support, trust, and confidence in our Board and management team. I would also like to express my heartfelt gratitude to all employees for their dedications in driving our organization forward with strength and resilience. Our company remains committed to delivering sustainable and long-term value for our shareholders and society. We remain steadfast in our commitment to conducting business with responsibility and integrity, striving to deliver sustainable returns to our shareholders while creating lasting value for society in the years to come.
