Message from Chairman

Mena Transport Public Company Limited (“MENA”) operates business in truck transportation. MENA is considered as the leader in the transportation of Ready-Mixed Concrete Business, pioneering entry into the Stock Market as the first Company in the market.

In 2023, MENA embarked on a progressive investment, including partnering with allies to expand collaborative investment opportunities, fostering the potential of transportation services fleet. The ready-mixed concrete transport business was successfully augmented with mixer trucks, while the industrial goods transportation business expanded its distribution of consumer goods. Additionally, MENA conducted economic situation assessments and swiftly adjusted its strategies to ensure continuous business operations aligned with the long-term sustainability goals upheld by the company.

Investments and joint ventures reflect MENA's strengthened position. In terms of performance for the current fiscal year, both core and new businesses generated a total revenue of 776 million baht, up by 79 million baht from the previous year, representing an 11% increase. Net profit amounted to 71 million baht, up by 20 million baht from the previous year, a 39% increase. This growth was driven by a professional transportation service approach, prioritizing clients' needs and continuous system development over a 30-year period.

Although the overall economic outlook for 2024 is showing positive expansion trends in some industries, driven by government investment plans, there are still signals of potential risks from abroad. Therefore, MENA has devised business strategy to closely monitor various impacting factors to manage business risks cautiously. In the coming years, there will be a continuation of investment outcomes, ensuring the utmost efficiency in service management, maintaining standards, and continuous improvement throughout the value chain. MENA remains steadfast in its policy of conducting business with quality and ethics, expanding services to cover larger customer groups in each industry with more diversified services. MENA aims to lead the transportation industry beyond ready-mixed concrete expertise. Additionally, the increasing emphasis on Environmental, Social, and Governance (ESG) operations poses significant challenges. MENA is earnestly planning and conducting business based on good corporate governance principles with a strong sense of responsibility to customers, society, and the environment.

The Board of Directors, on behalf of shareholders, partners, customers, and all stakeholders, expresses heartfelt gratitude for the trust, support, and confidence in MENA operational capabilities. This extends to every employee who diligently contributes their full potential to the business operations, delivering goods and services of quality, mindful of the valuable ESG principles, which are fundamental guidelines that the organization adheres to for sustainable growth and stability.

Chairman of the Board of Directors