Chairman’s Statement

In 2024, K.W. Metal Work Public Company Limited remained committed to driving the organization toward stable and sustainable growth, despite facing volatile economic conditions both domestically and internationally.

The Company successfully operated with efficiency through strategies focused on enhancing competitiveness, implementing strict cost management, improving production efficiency, and actively expanding markets both locally and internationally.

Strong Performance

The Company was able to sustain consistent growth in revenue from product sales and services, reflecting the effectiveness of its strategic execution even in a challenging market environment. This success was driven by continuous product development tailored to meet customer needs, improved marketing efficiency, and flexible business management.

In 2024, the Company achieved concrete progress in international market expansion, particularly with its plow blade products, which began exports to the Vietnamese market. This marks a significant milestone for the Company’s move toward international business. The products have been well received by both entrepreneurs and farmers in the region due to their outstanding quality and performance.

This success reflects the Company's potential to compete on the global stage. At the same time, the Company is conducting feasibility studies on expanding into other international markets to further strengthen its global competitiveness.

Furthermore, the Company significantly improved its gross profit margin through effective cost management. The Company also developed online marketing strategies to expand its customer base, which supported the growth of the Pegasus brand, now widely recognized among its target customer groups.

Technology and Innovation Development

The Company places great importance on technology and innovation to strengthen production capabilities and improve product quality. Emphasis is placed on adopting automation and digital technologies in the production process to increase efficiency, reduce waste, and elevate product standards to meet international levels. In addition, the Company prioritizes data management to enable accurate data-driven strategic planning.

Social and Environmental Responsibility

The Company is committed to developing products that reduce environmental impact. One notable innovation is the disc blade, which enables farmers to manage crop residues without the need for burning. This results in reduced greenhouse gas emissions, lower air pollution, and the promotion of more sustainable agriculture. The adoption of disc blades is aligned with the Company’s sustainability goals and global environmental standards.

Beyond generating returns for shareholders, the Company emphasizes social and environmental responsibility by implementing sustainability initiatives, including energy efficiency, waste reduction in the production process, and development of environmentally friendly products. The Company is committed to operating in accordance with ESG (Environmental, Social, and Governance) principles to ensure stable and sustainable long-term growth.

Good Corporate Governance and Transparency

The Board of Directors upholds the principles of good governance and transparency, committed to conducting business with fairness and in accordance with international standards. The Company has enhanced its risk management system to better address potential challenges and to improve long-term organizational effectiveness.

Vision for the Future

In 2025, the Company will continue to strengthen the organization through market expansion, new product development, and ongoing enhancement of its competitive advantage. The goal is to become a leader in the agricultural machinery and industrial parts industry, with a focus on applying modern technology to deliver high-quality products and maximize customer satisfaction.

On this occasion, the Board of Directors would like to express its sincere appreciation to shareholders, customers, partners, employees, and all stakeholders for their continued support and trust. The Company remains committed to sustainable growth and is prepared to face future challenges with resilience, aiming for shared success in the years to come.

ในนามคณะกรรมการบริษัท เค. ดับบลิว. เม็ททัล เวิร์ค จำกัด (มหาชน)

Best regards