According to the economic situation in 2023 that slight growth, impact of political discontinuity from government transition including the increasing in interest rates throughout 2023, these are all negative factors that affect the purchasing power of customers and are a serious challenge to the company's business operations.

Has always been cautious and prudent in its operations. However, the company is constantly planning for the expansion of its real estate business. In order to respond to customer satisfaction, the company has adjusted its strategy, products, and services, both in terms of improving the appearance and usable space of homes and condominiums, by considering the function of the usable area together with brand identity, construction quality, and an after-sales service that continues to focus on customer satisfaction.

However, in 2024, the policy interest rate is likely to remain stable or decrease due to the situation of global interest rate that would be stable and decreasing, economic and tourism government policies are expected to have a positive impact on the overall economy and the purchasing power of customers, which will be beneficial to the company

In 2023, the company plans to look for joint venture partners because it has many plots of land waiting for development or under development. This is an advantage for the company in an economic recovery period.

Finally, I and the Board of Directors of the company would like to thank the company's shareholders, business partners, financial institutions, and debenture holders for their continued trust and support. I'd like to express my gratitude to all of the company's executives and employees, who have worked tirelessly. As a result, the company was able to overcome previous difficult times in a satisfactory manner. I want to reassure everyone that, with the potential of the workforce and the company's business policies, the company will overcome past challenges and continue to grow sustainably.

Mr. Wisit Laohapoonrungsee

Chairman and Chief Executive Officer