“This year should be a year that the sugarcane and sugar industry should flourish again. KTIS shall use this opportunity to work with sugarcane farmers to develop the sugarcane and sugar industry, in aspects of structure and management, for the maximum benefit and for the sustainability of the company and sugarcane farmers, who are the most important partners of sugar mill industry. The extension of such proceeds shall further be made with other stakeholders as well.”

Although the Covid-19 pandemic is recovering worldwide, but the world economy is still facing other situations that deter the appropriate growth which are geopolitics, inflation, increased commodities and energy price. These issues are challenges to the society in all levels from the government, all sizes of businesses to an individual. However, the board of director has instructed KTIS group management to emphasize and monitor such risks through the standard mechanism such as risk management, and also to report such tasks to the board periodically. Each director also brought the information about current challenges together with own expertise and experiences to provide the additional suggestion to the management. Therefore, the operation of KTIS last year has proceeded quite well under many global level and complicated external factors.

For the sugar industry situation in the major countries, Brazil is facing the production decline, while India is facing rain storm that caused the postpone of this year’s sugar production. For the sugar industry situation in Thailand, the total sugarcane of this year is expected to increase from last year, together with the government support for sugarcane farmers which focused on fresh sugarcane harvest to decrease dust problem, this year should be a year that the sugarcane and sugar industry should flourish again. KTIS shall use this opportunity to work with sugarcane farmers to develop the sugarcane and sugar industry, in aspects of structure and management, for the maximum benefit and for the sustainability of the company and sugarcane farmers, who are the most important partners of sugar mill industry. The extension of such proceeds shall further be made with other stakeholders as well.

The global community’ care about environment is still a major trend for bio business, especially, the royal Thai government’s declaration of carbon neutrality achievement within 2050 and net zero greenhouse gas emission within 2065. And, the proposal of Thailand’s BCG (Bio economic, Green economic, Circular economic) which shall lead to environment friendly paradigm shift and economic changes on the stage of UNFCCC COP26 on 1st November 2021 at Glasgow UK. From such event, it is clear that bio business products are responded to Thailand’s aforementioned target. Our bio business is expanding its business under BCG model which is supported by government and interested by global community.

The global community’ care about environment is still a major trend for bio business, especially, the royal Thai government’s declaration of carbon neutrality achievement within 2050 and net zero greenhouse gas emission within 2065. And, the proposal of Thailand’s BCG (Bio economic, Green economic, Circular economic) which shall lead to environment friendly paradigm shift and economic changes on the stage of UNFCCC COP26 on 1st November 2021 at Glasgow UK. From such event, it is clear that bio business products are responded to Thailand’s aforementioned target. Our bio business is expanding its business under BCG model which is supported by government and interested by global community.

On behalf of the board of director, I would like to thank all stakeholders who have participated in the group’s operation, especially the management and staff. As they have implemented the governance policy into practices which comprehend all aspect of the company, and also reflected to the board of director the issues which are benefit for the board’s duty.

Finally, KTIS has improved and elevate the standard the annual report by the arrangement of 2022 annual report under a form of One report, which the Securities and Exchange Commission has designated. Such form contains the information report which is standardized and increases more detailed content about the company. Apart from creating the maximum benefit to the report users, it also helps develop the operation of Thai stock exchange to be more progressive and advanced.