The past year was marked by drastic change at both national and global level driven by COVID-19 pandemic that led to the new normal. The Company had to be resilient and agile to respond to fast-changing consumer behavior and evolving communication in digital age. Moreover, global and local economic slowdown continuously post a threat to our Company. Nevertheless, the Company strictly adheres to conducting our business with sustainability by striking a balance between driving business and managing risk and budget in alignment with changing forces under good corporate governance principles.
Do Day Dream Public Company Limited engages in manufacturing and distribution of skin care products and has been listed in the Stock Exchange of Thailand since 2017. Since then, we have been making progress in all aspects from introducing new products, acquiring advanced machine and equipment to enhance production efficiency to enhancing people’s expertise and conducing R&D to come up with new formulas that address customer needs. Furthermore, the Company has been expanding our business footprint to various countries in Asia to broaden our customer base and meet demands of international customers. Additionally, we continue to make strategic investment consistently to promote business capabilities keeping in mind the best interest of shareholders.
Regarding our business performance last year, overall results were below expectations due to aforementioned global economic fluctuations and unfavorable business contexts locally and globally that negatively impacted our business. Nevertheless, the Board of Directors has been fully devoted to navigating the Company through the crisis and consistently developing the Company in order to stay competitive in the cutthroat business rivalry. The Company never ceases to seek every opportunity to expand our business and invest in areas that help enhance our competencies. Organization development in all aspects is emphasized to propel infinite growth and generate maximum return to stakeholders with stability and sustainability.
Lastly, as the interim chairman of the Board of Directors, I would like to thank business partners, counterparties and all stakeholders for your support and trust as well as executives and employees for your full effort in performing your duties. The Company is committed to conducting our business under good corporate governance to grow our organization in a sustainable manner as we aspire to be among top three leading beauty companies in Asia.
Mr. Rittikrai Thammaraksa (Acting Chairman of the Board of Directors)
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