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Mr. Aswin Techajareonvikul
Chief Executive Officer and President

Dears Shareholders,

Berli Jucker Public Company Limited has always conducted its business with a firm belief in the principles of free trade and good governance, operating its businesses responsibly and comprehensively covering upstream, midstream and downstream operations in production, marketing, distribution, retail and wholesale management, to provide quality products and services to our customers. Today BJC is one of the leading companies in the country, and one that has been continuously growing for over the past 136 years, as it has claimed its place as one of the retail business leaders in the ASEAN region through its effective distribution networks, connecting all supply chains.

In 2018, with the cooperation of our shareholders, management team and staffs, BJC continued delivering growth. In September, we opened a fifth furnace at Thai Malaya Glass factory in Saraburi province, adding 400 tons per day to our glass production capacity in Thailand and further strengthening our position as the number one glass manufacturer in ASEAN.

During the year, BJC continued to build upon its success by expanding our business in line with current business climate. This included the acquisition of the White Group Public Company Limited, which engages in importing and distributing industrial chemicals, real estate rental, and distribution of security equipment. This acquisition will strengthen BJC's business, propelling it towards becoming one of the top three largest industrial chemicals distributors in Thailand.

 

Furthermore, this was another year that Big C had many developments to meet the needs of our customers. With the expansion of 8 Big C hypermarkets, 168 Mini Big C proximity and convenience stores, 5 Pure drugstores, and the launch of Big C Foodplace supermarket, a new store concept focusing on fresh and ready-to-eat foods to meet the changing lifestyle demands of the urban society, Big C store network reached 1,131 stores across Thailand at the end of 2018. Big C also opened a new cross-dock distribution center in Thanyaburi district, located close to our new Mini Big C distribution center, subsequently moving all cross dock operations into this new distribution center. During the year, Big C received recognition in Thailand’s Top Corporate Brand Values Award as it was awarded with the highest brand value award in the commercial sector category for three consecutive years (2016-2018) by the Faculty of Commerce of Chulalongkorn University and the Stock Exchange of Thailand, with its estimated current brand value of 127,012 million baht.

To respond to the changing customer behavior, Big C collaborated with the Nielsen Company (Thailand) Co., Ltd., a leading global market research and information management company, and launched the C Smart Solution, a data analytic company that invests in technology for database analysis systems. C Smart Solution will analyze the Big C customers’ needs in order for us to develop and improve our offering to meet those needs more effectively.

BJC is like a big tree that has long been deeply rooted in Thailand. This big tree has sprawling branches, providing shade to all business sectors while conducting its business with good governance and advancing values and culture that places the community, the environment and shareholders at the heart. I would like to thank our shareholders, partners, investors, business partners, customers and all employees who have always trusted and supported the BJC Group operations. We are ready to move forward together into the 137th year to bring BJC Group into the world market stage, providing a rewarding value to everyone.