Greetings all PPS’ shareholders! It looks like the company’s tough time has been passed, and we are moving forward to the good things. In the past three years, the company has always managed to reduce the cost of expenses. Consequently, we have continuously reduced administrative expenses and able to control the rate of resource utilization at a high level. We, then, have better gross profit margins and net profit margins that we can clear off all accumulated losses. Also, a better cash flow that can pay back some of the bond’s principle, and this may have enough left to distribute another dividend again. In this case, I would like give the credit to each construction team and other support team, who help us get through those tough time.

When we are looking forward, we see our business plan clearer by relying on our expertise and trustworthy in our previous business that we bring them into our new business that is compatible with the world’s mega trend. In other words, PPS focuses on the construction management to be matching with the changing of construction market, which change to the use of more space, the large-scale construction has been decreased, and the requirement to use of more multitasks workers, and a new way of working.

To adapt to the megatrend, the company has been doing it for a while in 2 aspects. First, the megatrend in using digital transformation in construction work, PPS has always been used technology since we start developing Sitewalk and Project Live, which are the programs controlling the construction management.

In addition, nowadays, we are appointed of the reseller of the Japanese construction management program, called KANNA, through one of our affiliates. In which, the company is strongly believe that the program can help the construction having better communication, reduce cost, increase efficiency, and can be used by anyone. Second, the megatrend about global warming, as of now, the entrepreneur has understood that business relating to sustainability save the world against global warming and, at the same time, generate more income and reduce cost to the company. Nevertheless, there is no company or personnel that can clearly understand how sustainability works. Thus, this is a great opportunity for PPS, who is already a leader of the sustainability in real estate and construction, to provide knowledge, and develop the standard relating to this matter.

We, PPS, are confident that if we can follow our business plan, and change the work from project based or bidding jobs to be part of the customer’s operation, we, them can have continuous income and become more sustainable.