Board of Directors

Message From the Chairman

The Company remains committed to conducting its business with good corporate governance, prioritizing the interests of stakeholders.
"To lead the Company toward sustainable, stable, and prosperous growth."

For the past year, 2024, All Energy & Utilities Public Company Limited and its subsidiaries faced yet another challenging period amid uncertainties from both internal and external factors. Global and domestic economic fluctuations have impacted the Company’s operations in various dimensions. In response, the Company has exercised vigilance for all situations, adapting strategy to reduce costs, managing cash flow to maintain liquidity, and keeping pace with the rapid technological and digital transformation. These factors present challenges in adaptability to such changes, requiring a flexible organizational structure and strategic adjustments to navigate crises effectively, ensuring business continuity.

Furthermore, as the Company’s performance has not met its expected targets and accumulated losses have impacted operations, the Company has undertaken a comprehensive review of its management strategy. This includes downsizing to align with the number of ongoing projects, reducing fixed costs, and enhancing workforce efficiency as a substitute for selecting only high-potential, profitable projects. Additionally, cost management has been aligned with strategic plans to ensure financial discipline. Beyond maintaining business continuity, the Company remains committed to good corporate governance, prioritizing stakeholders, and conducting operations with environmental, social, and governance (ESG) responsibility. The Company continues to develop its organization in accordance with ESG principles in all dimensions to foster stability, prosperity, and long-term sustainability.

Lastly, on behalf of the Board of Directors and the Executive Committee, I would like to express our sincere gratitude to our shareholders, investors, business partners, employees, and valued customers for their trust and continued support. I would also like to extend my appreciation to all our employees for their dedication, hard work, and unwavering commitment in overcoming challenges and driving the Company forward. The Company remains steadfast in its commitment to operating with integrity and good corporate governance to maximize long-term benefits for all stakeholders. We will continue striving for stable growth and delivering sustainable returns to our shareholders.