In 2024, KCG Corporation Public Company Limited faced numerous challenges during its first year as a listed company, including a slowdown in the Thai economy, a decline in the Consumer Confidence Index due to high living costs, natural disasters such as flooding, and ongoing geopolitical tensions. Despite these challenges, the Company’s vision under the “Transition Towards Sustainable Growth” framework, which was driven by management and approved by the Board of Directors, has led the Company to continue growing and increasing the balance of revenue generation from its core businesses in accordance with its objectives, while also implementing Sustainability policies throughout its operations.

In addition to achieving outstanding results, KCG prioritizes corporate governance as a key factor for successful business operations. Adhering to a corporate governance code not only promotes transparency and responsibility to stakeholders, it is a tool that stimulate listed companies to have responsiblility throughout the work process, fostering investor and stakeholder confidence.

In 2024, KCG achieved an ‘Excellent’ CGR rating from the Thai Institute of Directors Association (IOD), demonstrating its strong commitment to the corporate governance code. The Company was ranked in the top quartile of listed companies with market capitalizations between 3,000 and 9,999 million baht. This recognition highlights KCG’s dedication to transparency in management, responsibility, and ethical business practices which are a crucial foundation for long-term sustainability and organizational credibility.

KCG prioritizes Sustainability by focusing on positive outcomes across environmental, social, governance, and economic dimensions, reflecting its commitment to social and environmental responsibility in all areas. In 2024, the Thaipat Institute included the Company in the SETESG Index and named KCG one of the most promising securities on the ESG Emerging List. KCG has also been listed in the ESG 100 since its first year as a listed company, demonstrating its success in implementing sustainability principles. Additionally, the Stock Exchange of Thailand (SET) awarded KCG an ‘A’ rating in the SETESG Ratings 2024, highlighting the Company’s consistent adherence to ESG standards and its dedication to enhancing sustainability in both business and society.

Another notable achievement in 2024 was receiving the Investors’ Choice Award with a perfect score of 100 for the AGM Organizing Quality Assessment, presented by the Thai Investors Association. This recognition highlights the Company’s dedication to treat all investors and shareholders equally and fairly.

KCG continues to prioritize innovation in developing new products and services to meet changing consumer lifestyles while embracing digital transformation by integrating technology and digital strategies into every aspect of its operations. As part of the Company’s post-IPO expansion plan, ‘KCG Logistics Park,’ a 350-million-baht investment, was launched on August 29, 2024. This new distribution center and warehouse significantly enhance KCG’s supply chain and inventory management, utilizing technology that meets international standards while supporting sustainability goals.

On behalf of the Board of Directors, I would like to extend my gratitude to our shareholders, business partners, suppliers, communities, and supporters from all sectors for their continued support. I would also like to express my appreciation to KCG’s executives and employees for their dedication and commitment to upholding the corporate governance code, transparency, social and environmental responsibility, and striving for sustainable growth.