Message from the Board of Directors and Group Chief Executive Officer
2021 was another year that Siam Makro Public Company Limited faced challenges
from a sluggish economy due to the COVID-19 epidemic, which has directly
impacted the confidence of consumers and investors. Although there is no clear
direction of economic recovery, the Board of Directors and the executive team
remain confident in the growth potential of the wholesale-retail business and
the foundation for growth of Thailand and Asia over the past year. The Company
is thus cautiously optimistic about continuing the expansion of the business.
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