CAZ (Thailand) Public Company Limited (“the Company” or “CAZ”) operates its
business in providing a comprehensive range of construction-related services
to target customers, which include petrochemical plants, oil refinery projects,
power plant projects, and infrastructure projects. With the expertise of our team of engineers coupled with cost efficient management, the Company’s business portfolio is wider than any other company as we provide Engineering, Procurement, and Construction services for every discipline of work such as civil and building work, structure and piping mechanical work, and electrical and instrument work, through our own personnel and worker without subcontracting. Meanwhile, the Company’s objective is to create satisfaction for customers who can deliver projects with high quality and safety within the milestone schedule as specified in the contract.
With the commitment to work, the Company has successfully completed the construction of various projects within the specified timeframe together with effective project management. The Group has revenue from construction contracts for the year ended 31 December 2022, totaling of Baht 3,135.46 Million. Increasing of Baht 940.77 Million or 42.87%, compared with the same period of last year, The Company also has the backlog projects of THB 2,430.83 million.
And the operational guidelines 2023, the Company still strives to be the leader in the construction services with the most competitive capabilities and potential, playing a part of prosperity of Thailand in steadily and sustainably.
In order to overcome problems such as the current economic recession and rising raw material prices, we will make efforts to discover future growth portfolios and strengthen profitability by converting to risk-minimizing businesses.
On behalf of the Board of Directors and Executives, we would like to take this opportunity to express sincere appreciation to our customers, shareholders, business partners and all related parties who continue to show unwavering confidence, trust in the Company. In addition, I would like to thank all employees for their efforts, dedication, patience, and honesty in order to achieve the Company’s goals throughout the past year. The Company will carry out the construction works under good governance with regard to standards, quality, punctuality and maximum safety and responsibility for the environment, society and all stakeholders.
“The Company operates its
business on the basis of
transparency, ethics, adherence
to good corporate governance
principles, and compliance with
the laws relating to anti-corruption
Mr. Chung Sik Hong
Chairman of Executive Committee /
Chief Executive Officer