The report highlights the Company's commitment to sustainability, economic, social, and environmental impact. The Company has implemented a solar panel installation project for energy saving and use renewable energy in order to reduce the impact on the environment. The Company also made a new investment in the development of a new OEE system on one main production line. The Company's strategic direction focuses on developing and providing high-quality products, delivering products on time, and reducing the purchasing lead time of customers, which can help save cost of inventory keeping for the customers. The Company and its subsidiaries have a policy to closely monitor the economic situation and the impacts that may occur and focus on diversifying their business risks to cover the various industries in the country, to reduce the risk from dependency to any one industry. The Company's net profit for the year ended 31 March 2023, decreased by 49.7% due to various factors, including: the economic slowdown in the country, the purchasing power of foreign countries is shrinking, and rising inflation.
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Lohakit Metal PCL 2022 One Report
Issuing Company Lohakit Metal PCL
Report Type Integrated Report
Report Language EN
Report Filesize 6.06 MB
No. of Pages 222 pages
Reporting periodApril 1, 2022-March 31, 2023
Report EditionUnknown
Assurance Provider EY Office Limited
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue