Dear Shareholders

         The year 2024 presented numerous challenges and opportunities for businesses across all sectors, including the food and beverage industry. The lingering impacts of the COVID-19 pandemic, coupled with economic uncertainties, growing sustainability concerns, and geopolitical shifts, have compelled businesses to adapt and transform rapidly.

         Tipco has proactively addressed these challenges with a commitment to sustainable growth, focusing on adaptability to changing market dynamics, innovation, and corporate social responsibility.

Beverage Businesscontinues to be a significant growth driver, with a focus on developing products that cater to the growing demand for healthier options, such as plant-based beverages, protein drinks, and functional drinks. The company is also committed to adopting eco-friendly packaging solutions and reducing plastic usage.

Hom Suwan pineapple business Through a commitment to sustainable agriculture and continuous improvement, the company is dedicated to producing high-quality pineapples in sufficient quantities to meet market demand.

The herbal extract industrycontinues to experience significant growth, driven by increasing consumer demand for natural health products. The company has expanded its customer base both domestically and internationally.

          Tipco is committed to sustainable business practices and has set an ambitious goal of achieving net-zero carbon emissions. To achieve this goal, the company is implementing various initiatives, including the adoption of renewable energy, plastic reduction, effective waste management, and promoting sustainable agriculture.

          Tipco is committed to driving sustainable growth through innovation and a customer-centric approach. By leveraging digital technologies and fostering a culture of innovation, we aim to develop products and services that meet the evolving needs of health-conscious consumers. Through strategic partnerships and market expansion, we will contribute to a healthier and more sustainable future.