Dear Shareholders,
Thank You for Participating in BJCHI 2023 Shareholder Meeting. I would like to address some significant points to all you before we start our agenda today.
In 2022, the global economy faced with several challenging factors such as oil supply situation amid the war between Russia and Ukraine, surging inflation and interest rates hikes as well as volatilities in foreign exchange markets
Even the above-mentioned factors, BJCHI has successfully reported net profit growth by 22.1% from the previous year due to ongoing large-scale project executions from Santos and Crisp project
Last year, BJCHI has secured more packages from Santos project, due to our outstanding project execution as provided to the client. Currently, the client and the Company are also discussing about the additional package together
Regarding the industry landscape, BJCHI has recently seen the resilience of the construction service sector after the significant number of project developers has increased their investment budget and actively commenced their project development
Moreover, the changes in geopolitical environment are encouraging several potential clients to seek more Asian fabricators rather than China which is increasingly creating benefits and project opportunities for BJCHI
For our financial status, we have very strong financial position with debt to equity at 0.29 times and cash on hand over Baht 1.0 billion, enable us to capture potential investment opportunities and pay attractive dividend to shareholders
On behalf of the Board of Directors and Executive teams at BJCHI, I would like to express my great appreciation to all stakeholders for their excellent trust and ongoing support to the company.
As one of the leading manufactures in the industrial energy plant construction. We shall operate business under corporate governance to create value for shareholders through our business’s sustainable growth.
Mr. Young Jun Lee
CEO/MD
