Message of the Board of Directors

In 2025, Thailand’s automotive and agricultural machinery industries continued to face challenges from the economic slowdown. Total automobile production amounted to 1.46 million units, representing a decrease of 1 percent, while agricultural machinery production totaled 55,364 units, a decline of 13 percent compared with the previous year. These conditions directly affected the revenue of Somboon Advance Technology Public Company Limited, whose core income is derived primarily from 1-ton pickup truck parts and agricultural machinery parts. As a result, the Company reported total revenue of Baht 6,956 million, a decrease of 8 percent from 2024.

Nevertheless, amid the slowdown in revenue, the Company was able to maintain its profitability, reporting a net profit of Baht 730 million, an increase of 4 percent, in contrast to the overall industry trend. This performance reflects prudent corporate governance and business operations, effective cost management, and the adoption of digital technologies to enhance operational processes, thereby strengthening the Company’s long-term competitiveness.

The Board of Directors places strong emphasis on sustainable organizational development in accordance with ESG principles, encompassing environmental, social, and good corporate governance dimensions. This commitment is driven through the philosophy of “Somboon Triple Bottom Line,” with the objective of creating shared value through “Smart People, Business Trust, and Growth Society.” The Board firmly believes that developing personnel capabilities alongside transparent management and strong corporate governance will form a solid foundation for financial resilience and the delivery of sustainable returns to shareholders.

On behalf of the Board of Directors, we would like to express our sincere appreciation to our shareholders, business partners, customers, and all stakeholders, as well as to the management team and all employees, for their continued support and dedication. Their collective efforts have enabled the Company to overcome challenges and operate steadily throughout the past year.