Page 4 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

4 ONE REPORT (FORM 56-1) 2024

Message from the Chairman

Operational Highlights and Financial Summary

businesses across sectors. In response, we have
optimized operational efficiency, leveraging
technology to streamline processes and reduce
Key Milestones
costs. We have also enhanced our internal
management processes, ensuring transparency and
accountability in all aspects of our operations. These
efforts have laid a solid foundation for recovery and
future growth.

As we look to the future, we remains dedicated to
Business Overview
delivering value to our stakeholders despite the
challenges ahead. Our strategic priorities include
strengthening our business development capabilities,
driving cost savings and innovation through
Dear Shareholders and Partners, optimization and technology, and continuing our
sustainability journey. I would like to express my
The year 2024 has been a transformation period for deepest appreciation to our board of directors,
KEX Express (Thailand) PCL (“KEX”). We have management team, employees, and shareholders
taken decisive steps to reposition the company. We for their unwavering support and dedication. Together,
strategically optimized the customer mix by shifting we will continue to navigate challenges, seize
away from a pre-dominantly e-commerce oriented opportunities, and bring value to the shareholders
Governance Structure and Practices
customers, which marks a significant pivot in our of KEX.
journey. This decision reflects our commitment to
adapting to market realities and focusing on areas
where we can deliver more value to our clients and Best regards,
stakeholders.

The Thai economy in 2024 has demonstrated
resilience, supported by government initiatives and
Financial Performance
a rebound in tourism. However, the broader
economic environment has been influenced by Ms. Xin Wang (Tina)
inflationary pressures, supply chain disruptions, and Chairman of the Board of Directors
geopolitical tensions, which have impacted KEX Express (Thailand) Public Company Limited

Sustainable Development