Message from the Chairman

Dear Shareholders of Siam Steel International Public Company Limited,
 

     The year 2025 has been another year in which the global economy continued to face ongoing challenges and shifts driven by multi-dimensional factors. These include volatility in the monetary policies of major economies, geopolitical tensions, and the restructuring of global industrial supply chains. Consequently, international trade and investment have experienced a slowdown in their growth rates.

     Regarding the Thai economy in 2025, there has been a gradual expansion, primarily driven by private consumption, government infrastructure investment, and the recovery of the tourism sector. Meanwhile, the average inflation rate remained low, reflecting the decline in energy prices and domestic demand that has yet to accelerate fully. Under these circumstances, the manufacturing industry continued to face challenges from raw material costs, exchange rate volatility, and intensifying competition in the global market.

     For Siam Steel International Public Company Limited, which operates in the manufacture and sale of furniture, safes, and prefabricated buildings, the Company has adjusted its operational strategies to align with economic conditions and industry trends. Our focus remains on developing high-quality products with rigorous safety standards to meet the needs of customers across the business, government, and industrial sectors.

     Furthermore, the Company continues to prioritize sustainable organizational development across corporate governance, human resource development, efficient resource utilization, and conducting business with social and environmental responsibility. These elements serve as the vital foundation for creating long-term value for our shareholders and all stakeholders. Despite the remaining uncertainties in the future economic environment, we remain confident that through our experience, the expertise of our personnel, and our commitment to organizational innovation, we will be able to navigate challenges and achieve sustainable growth.

     On behalf of the Board of Directors, I would like to express my sincere gratitude to our shareholders, customers, business partners, employees, and all stakeholders for their continued trust and support. The Company remains committed to developing the organization toward stable, transparent, and sustainable growth, aimed at delivering appropriate returns to our shareholders and creating long-term value for society.

Mr. Wanchai Kunanatakul

Chairman