Message from the Chairman of the Board Directors and the President
Throughout 2015, the Thailand economy continued to be affected by fluctuations in: the global economy; the oil price slump; shrinkages across the export sector; a domestic consumption still not recovered; household debt soaring and ongoing disputes between countries. These factors may continue to have a serious impact on domestic purchasing power and investment by both public and the private sectors.
In addition to the above factors, there are also many more variable factors such as changes in technology and in consumer behavior, political instability, regulatory changes, in uncontrollable disasters, as well as the country entering into the ASEAN Economic Community (AEC). This will lead to new entrants in the market and more intense competition than ever before.
The Management and Staff of Advanced Information Technology PCL. are very aware of what is going to happen in the near future and how it can affect business in the long term; therefore in the year 2015, it commenced a change-plan program relating to change in the overall organization in order to create stability and sustainability of the Company. This plan included: adding new products and product differentiation strategies to the system integrator business: expansion of the service business and an increase investment into the service provider businesses, both at domestically and abroad. In addition, the organization also needs to develop staff to be more professional in technology application. We also need to improve the internal systems to be more efficient
- leading to our “Smart Company” Goal within the Year 2018 under the new vision of “Be a Key Player in driving Thailand’s Digital Society” but with our mission to continue to be “Your Success is Our Success”.
In 2015 there was an economic downturn and an earlier change of the government in mid-2014. This lead the Company to cut its growth to make the sales forecast be closer to reality and in-line with the prevailing conditions. The Company operated according to this new revenue and profits target and produced a good rate of return. Moreover, the Company paid an interim dividend of 0.55 baht per share to the Shareholders and the Company is likely to consider a dividend increase at the end of the fiscal year, according to the Company policy.
On behalf of the Board of Directors of Advanced Information Technology PCL. we would like to thank all our Shareholders, Partners, suppliers, customers, financial institutions, Management and Staffs, as well as those stakeholders who provide support and trust in making the Company a good company with good earnings and ranking the Company as one that has provided a high return on investment throughout the past. The Company is dedicated to all aspects of its ability to do our business carefully and to always firmly adhere to good corporate governance.
|Mr. Thana Chaiprasit
Chairman of the Board
|Mr. Siripong Oontornpan
Chairman of Executive Committee & President