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Message from the Board

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Dear Valued Shareholders

During 2020 - 2021 when Covid-19 pandemic has limited daily life resulting in enlarge of demand in technology products especially computer/ tablet which has been used for remote learning and work from home including mobile phone which has been subsidized by the government. This significantly increased the revenue from products in Consumer and Phone Business Units and improve overall performance. However, in 2022 when the pandemic is controllable, people can travel and back to normal life, the demand for Consumer and Phone product was starting to decrease until reach the pre-pandemic demand level. Even the sales in other Business Units have increased but still lower than the deceased amount from Consumer and Phone Business Units, consequently, 2022 revenue is 29,073 Million Baht which reduced for 10% compared to the previous year while net profit is at 600 Million Baht which reduced for 13% compared to the previous year.

Overall products and services sales was starting to decrease in the first quarter of 2022 and continue to decrease until reach the lowest point for year 2022 in the third quarter of 2022 prior to moving up in the fourth quarter of 2022. The Company believes that there will be no significant change onwards as Consumer and Phone products sales has decreased to the pre-pandemic level. In 2023, the Company believed that demand for Data Center and Cyber Security products which are in Value Added product, and Cyber Security Subscription and Cloud products which are in the other Business Units will continue to growth especially in Cloud product. In 2022, the Company has been appointed by the AWS who is the global top Cloud service provider to be a distributor. In 2023, the Company has been appointed by Microsoft to be a distributor for Cloud product which included Microsoft 365 which it the top program in terms of communication and data sharing which suitable for new working style that can work form everywhere. This will increase product strength point and drive the Company to be a leader in Cloud business.

Mr.Lim Kiah Meng
Chairman
Mr.Somchai Sittichaisrichart
Managing Director

About Sales and Distributing channels, the Company has policy to expand to cover in every year. In 2022, the Company has sold products to 9,693 operates. The wide base of customer is a significant factor to increase efficiency and ease for business expansion.

Other than business expansion, the Company also adhere to the good corporate governance principles from the Organization for Economic Cooperation and Development which made the Company gets the excellent result from Corporate Governance Report assessment continuously from the previous year.

On behalf of the Company, we would like to thank you our partners, financial institutes and customers who continuously support us. The Company will continue to adhere to sustainably development principles under the good corporate governance to encourage technology utilization in Thailand according to the vision.