Loxley has been dealing with changes and volatility caused by many factors occurring in quick succession for over 2 years. Despite this, the company saw business opportunities amidst the crises. These came from new lifestyles, especially from the perspective of technological growth taking a crucial role in those lifestyles, and adapting it to boost business efficiency. These changes have led to a transformation of business operations and efficiency improvements in management of the company’s core businesses.
Business opportunities have also become opportunities to learn, adjust, improve ways of working and gain expertise, as well as being more efficient, which will strengthen the business’ foundations to be more secure and lead to sustainable development.
In 2022, Loxley ran its business under two key priorities – a balance between revenue structure and risk mitigation, with investment in a diverse portfolio to build stability into the operating results, and appropriate risk management to be ready for any volatile situation at any time.
The foundations of a well-laid business strategy, coupled with collaborations, dedicated staff and generous allocation of resources, enabled the company to continue its operations stably, with readiness to expand on its growth with opportunities from alternative businesses in the future.
In 2023, the company remains committed to operating its business on its foundational vision and key strategies which have been laid down, and is fully prepared to proactively adjust for integration and creating new business value. These will generate consistently good returns for shareholders and stakeholders, the key step towards sustainable growth in the future.
On behalf of the Board of Directors, I must thank our shareholders, the Board, our executives and every employee for their support of the company’s operations. I am confident that these efforts and our management potential will enable Loxley to make stable progress and achieve its Vision.
(Mr. Dhongchai Lamsam)
Chairman of the Board
Chief Executive Officer