Message from the President

In 2024, despite the gradual global economic recovery, geopolitical tensions continued to impact investment confidence and household spending. Additionally, challenges such as shipping shortages and the volatility of the strengthening baht in the latter half of the year directly affected exports, putting pressure on orders from foreign markets. These factors, along with losses from business closures in Myanmar, presented challenges. However, with our strong potential and commitment to driving sustainability amidst these challenges, the company still achieved a slight increase in net profit compared to the previous year. 

With our vision and commitment to fostering sustainability, the company remains a steadfast leader in the packaging industry, creating and delivering value to stakeholders in all aspects. We are dedicated to researching and developing new products and services that comprehensively meet customer needs, guided by the principles of a Circular Economy to minimize environmental impact and ensure long-term sustainability for the company and society. We are also committed to continuously enhancing production efficiency. This year, we joined forces with leading partners to successfully develop pallets from recycled plastic resin for the first time in Thailand, with the potential for commercialization. We have also developed PCR plastic resins suitable for various product manufacturing industries. Furthermore, we collaborate closely with customers on packaging development to effectively address their unique sustainability goals. 

Another proud achievement is the continuation of the "Won" project, which collaborates with Thailand Post on the "reBag" project. This project allows the public to send collected stretchable plastic waste to nearby post offices for delivery to the Won project free of charge. Additionally, we have partnered with PPP Plastics to sustainably address plastic waste issues. We continue to raise awareness about waste management and efficient resource recycling among government agencies, private sectors, and educational institutions. 

The company remains committed to sustainable business practices and strong corporate governance. We have been listed on the "ESG Emerging List" for 2024 and received the 2024 Outstanding Greenhouse Gas Management Organization (CALO) award. These accolades reflect our dedication to minimizing environmental impact. Furthermore, we received two SX TSCN Sustainability Awards in 2024 and maintained our excellent corporate governance standards with a "Excellent" Corporate Governance Report for the fifth consecutive year. We were also honored with the Thai Chamber of Commerce's Code of Ethics pin for 2024, symbolizing our ethical and transparent business practices. Additionally, we achieved an AAA rating in the SET ESG Ratings 2024, reaffirming our leadership in sustainability within the industry. This year's highest honor was receiving the Best Sustainability Awards at the SET Awards 2024, a prestigious recognition of our role as a model for sustainability in environmental, social, and governance (ESG) aspects. 

Finally, the company expresses its gratitude to the Board of Directors, executives, employees, and all stakeholders for their unwavering support in overcoming challenges and striving towards sustainability goals. With this collaboration and dedication, the company is confident in its position as a leading organization that creates value for shareholders while ensuring long-term stability and sustainability for the economy, society, and the environment. 

                                              CHAIRMAN OF BOARD OF DIRECTORS,
TPBI Public Company Limited