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Message from the Board
Message from the Board << Corporate Info << Investor Relations
 

Dr. Tongtaj Hongladarom
Chairman of the Board of Directors

In 2015, transformer industry both local and overseas have been improving since 2nd quarter of 2015 including a less intense of price competition, resulting the received order of utility, private and export sectors increased by 25%, 42% and 56% respectively and the backlog as of 31 December 2015 was at 1,419 million baht compared to 2014 at 955 million baht or 48.58% increase which increased in gross margin up to 20%-25% as per the Company policy.

In 2016, in order to be in line with the current economic situation, the Company and its subsidiaries has started its 3 year business plan (2016-2018) with revenue target in 2018 of 5,000 million baht which will drive from increase its production capacity from 5,000 MVA to 9,000 MVA as a result of, the new transformer plant which will start its first production in the 3rd quarter 2016, an increase in transformer demand from PDP 2015, new product design, and increase new business of the group. Moreover the Board of Director has seen an important of Private Sector Collective Action Against corruption (CAC) which TRT had become a signatory company in the 2nd quarter of 2015 and expect to apply for the certification by the 4th quarter of 2016 and also have realized on the environment concern by promoting a campaign "Slime Waste" with Reduce/Reuse/Recycle since 2013 until now in order to build the TRT's environmental culture with training course on a yearly basis. TRT was certified as Green Industrial level 3 of well environmental management in 2013, received Green Start Awards from Industrial Estate Authority of Thailand in December 2015 and expect to apply for Green Industrial Level 4 of green culture in June 2019

As one of the Board members, I would like to ensure that the issuance of the appropriate policy and strategy, the effectiveness of management including other suitable measures will manage the risks in controllable level. Moreover the compliance with good governance is one of mission to ensure the sustainable growth and gain trust among all stakeholders.

On this occasion, I on behalf of the Board of Directors, would like to express my sincere gratitude to all shareholders for the trust in the Company and all patrons for the constant support. Also, my thanks extend to the management and every staff member who have cooperated with one another, been dedicated to their duties, and been responsible for the assignment. This plays the major part in the business' strength, resulting in the company's stability, sustainable growth and goal achievement.


Dr. Tongtaj Hongladarom
Chairman of the Board of Directors