Message from Chairman

Srisawad Corporation Public Company Limited has grown alongside the economic development of Thai society, adhering to the business principle of "Srisawad—Growing Together with Thai Lives." The company focuses on portfolio management to maintain a balanced approach to risk and return, ensuring strong and stable performance in preparation for transitioning into the new economic era. The Board of Directors places great importance on the efficient governance of the company and its subsidiaries by establishing a corporate governance structure that supports the Board’s functions, carefully scrutinizing key business plans, and ensuring corporate governance meets high standards and aligns with company policies.

In 2024, the Thai economy continues to maintain a delicate balance between growth opportunities and structural challenges. Several driving factors have led to rising household debt, a structural issue that affects people's livelihoods and poses a significant obstacle to Thailand’s economic progress. In response, the company has adapted to ensure business readiness both in the present and the future by implementing a prudent lending strategy with a stronger emphasis on financial quality. Additionally, the Bank of Thailand’s recent policy rate cuts have provided a foundation for economic growth and development while easing household debt burdens in a tangible way. These measures contribute to positive outcomes and help elevate business standards, guiding Thai enterprises and society toward a sustainable future.

SAWAD believes that financial inclusion is a key factor in building a sustainable economy. The company is committed to providing access to beneficial financial products and services under the principles of responsible and fair lending (Responsible Lending). As a result, for the fiscal year 2024 (ending December 31, 2024), the company and its subsidiaries achieved a total net profit of 5,246 million baht, with interest income of approximately 18,027 million baht and other income of around 3,018 million baht, bringing total revenue to 21,046 million baht. Compared to the same period in the previous year, these figures reflect strong loan portfolio growth and effective asset quality management.

For the next step in 2025 and beyond, the company aims to achieve sustainable and balanced growth across all business segments. This will be driven by effective cost management and a commitment to delivering holistic and long-lasting value. Key initiatives include the development of technology and innovation, providing financial knowledge and promoting financial discipline among all customer groups, as well as fostering a digital culture through the “Srisawad” application to enhance customer value and experience. The company also prioritizes responsible, cautious, honest, transparent, and legally compliant service governance. The Board of Directors has approved strategic goals and business policies that encompass sustainable development and risk management in environmental, social, and governance (ESG) aspects. This aligns with the company’s commitment to achieving net-zero greenhouse gas emissions, which has been ingrained as an organizational culture that considers both risks and opportunities in business operations. The objective is to ensure that the company’s processes are efficient, generate sustainable and balanced returns across all dimensions, and maximize benefits for shareholders and all stakeholders.