Dr. Thanong Bidaya

Chairman of the Board of Directors

It is evident that our business continual and sustainable growth is based on our constant search for knowledge, development efforts, corporate governance as well as efficient and transparent business operation. These factors have helped our Company to attain operational excellence and sustainability and to be able to provide returns to our shareholders as well as long-termed business expansion.

The year 2018 was a period of time when economic fluctuation occurred both domestically and globally as a result of global economic instability, caused mainly by the US-Chinese trade conflict. However, this economic fluctuation did not affect TTW’s operational performance, thanks to our determination to efficiently and carefully operate the business at all stages. It is evident that our business continual and sustainable growth is based on our constant search for knowledge, development efforts, corporate governance as well as efficient and transparent business operation. These factors have helped our Company to attain operational excellence and sustainability and to be able to provide returns to our shareholders as well as long-termed business expansion.

In addition to our business achievement, as evident by operational performance, TTW also highly recognizes our role as the producer of good quality, sufficient and continually-flow tap water for industrial, commercial and residential demands. We would like to expand our business in parallel with the country’s economic growth and to participate in sustainable environmental conservation efforts. TTW has been regularly ranked by regulatory agencies and well recognized institutions as one of the top 100 companies, listed in the Stock Exchange of Thailand or the Environmental Social Governance (ESG100). Also, TTW has been selected as 1 of the top 45 listed companies or SET THIS Index, which by the Stock Exchange of Thailand. TTW has received good rating on corporate governance regularly by the Thai Institute of Directors and has been rated AA (Double A minus) by TRIS every year.

In 2019, it is projected the economic fluctuation will continue as Thailand will have general election for the first time in 5 years. However, TTW will continue our determination to operation the business carefully and to produce high quality tap water for all sectors of users in our service areas continually and efficiently.

On behalf of TTW Board of Directors, the management and employees, I would like to thank the shareholders, business allies, partners, customers, nearby communities and all supporters for your trust and supports through the past years. I also would like to assure that the Company will operate the business under the principle of corporate governance and responsibility for all stakeholders. Our goals are to create continual business growth and fair return to shareholders in parallel with the efforts to participate in community and social development as well as environmental conservation.