In 2022, conducting the Company’s business in the face of domestic and international economic changes marred by rising inflation and household debt was nothing short of a challenge.

Although the economy was slowly recovering in many ways, and COVID-19 eased and became an endemic disease, the majority of consumers continued to hold off on long-term investments to alleviate their financial burdens. These factors directly impacted the Company’s business operations and revenues.

In 2022, conducting the Company’s business in the face of domestic and international economic changes marred by rising inflation and household debt was nothing short of a challenge.

Although the economy was slowly recovering in many ways, and COVID-19 eased and became an endemic disease, the majority of consumers continued to hold off on long-term investments to alleviate their financial burdens. These factors directly impacted the Company’s business operations and revenues.

The Company constantly adapts to cope with any situation, seeking to diversify risk and minimize the impact on business. In the past year, we implemented a revenue restructuring plan and a proactive business plan for the rent and service segment. These efforts aimed to increase a profit share from a business with recurring revenue - considering global economic trends and Thailand’s strengths - by creating opportunities for generating revenues for the Company under various circumstances.

To this end, we expanded the industrial real estate segment for rent and services, including warehouses for sale and rent, in line with the expansion of production and export sectors. The growth of e-commerce transactions and logistics - as well as other government sector factors - continue to support the demand for warehouse rental for use as goods collection and distribution centers.

Moreover, the global healthcare business continues to experience growth as individuals continue to become more health-conscious following the COVID-19 outbreak. With the easing of lockdown measures and the subsequent reopening of borders and restarting of the tourism industry in the past year, the Company has prepared to launch a holistic health center in Sam Pran District, Nakohn Pathom, in the first quarter of 2023.

On behalf of the Board of Directors and management, I would like to extend my thanks to all shareholders, investors, financial institutions, business partners, and stakeholders for their continued confidence in and support for M.K. Real Estate Development Public Company Limited’s operations.

I would also like to express my gratitude to our management team and each of our employees for their dedication and perseverance. By working together, we have weathered the ups and downs of the most challenging times the Company faced. Rest assured that the Company will remain committed to doing business with respect to good governance practices to ensure that our organization maintains a strong foundation while generating revenues and achieving sustainable growth.



Mr.Suthep Wongvorazathe
Chairman
ข่าวประชาสัมพันธ์