Chairman's Statement
Dear Shareholders
In 2025, Thailand’s economy continued to face challenges from several factors, including persistently high operating costs while domestic demand had yet to fully recover. This was mainly due to high household debt levels and still-weak consumer purchasing power. In addition, political and trade uncertainties, together with interest rates remaining at relatively high levels, contributed to continued volatility in the overall economic environment. Nevertheless, throughout 2025 the Company continued to operate in accordance with its strategic plan under such economic conditions. The Company successfully opened new community mall projects and continued to renovate and enhance existing shopping centers in alignment with their role as community malls.
Which has continued to improve. This reflects the Company’s efficiency in managing its leasing space and its ability to respond to the needs of tenants within each community. In addition, the Company’s space management business under the IT Junction brand has a total leasable area of more than 2,500 square meters across 24 branches.
In the property development for lease business, the Company has adjusted its strategy to strengthen cash flow generation. The Senera Senior Wellness project has been repositioned and converted into a hotel business under the Sens Hotel brand, which is capable of generating stable cash flow and delivering satisfactory operating results. Sens Hotel officially commenced operations in October 2025 and has received a positive response from both domestic and international customers.
Looking ahead to 2026, the Company is committed to driving its operations with determination in order to restore operating performance and return the business to a growth trajectory through a structured turnaround strategy. The Company will focus on strengthening collaboration and enhancing synergy within the Jaymart Group. It will also play a key role in supporting property development for the Jaymart Group while expanding partnerships with new business partners both within the Jaymart Group and with external partners. These collaborations are expected to create new business opportunities and generate sustainable revenue sources in the long term. At the same time, the Company aims to continuously improve its operating performance in 2026 compared to 2025, reflecting its commitment to efficient management, value creation from existing assets, and sustainable growth in the years ahead.
On this occasion, the Company would like to express its sincere appreciation to our shareholders, customers, business partners, management team, and employees for their continued support in enabling the Company to grow its business. The Company reaffirms its commitment to conducting business with professionalism and continuously enhancing its organizational capabilities, while implementing social responsibility policies and serving as a responsible corporate citizen. Through these efforts, the Company aims to contribute to the sustainable improvement of quality of life in society.