Governance and Economic
29 April 2024

LOXLEY Holds 2024 Annual General Meeting of Shareholders, Reaffirming Vision of Growth with Expertise, Stability, and Sustainability

Mr. Dhongchai Lamsam, Chairman of the Board, Mr. Suroj Lamsam, Chief Executive Officer and President, and Mr. Chalermchoke Lamsam, Managing Director, together with the Board of Directors of Loxley Public Company Limited, convened the 2024 Annual General Meeting of Shareholders (E-AGM) in an online format in accordance with the Royal Decree on Electronic Meetings B.E. 2563 (2020).

During the meeting, the Company presented its key performance highlights for the fiscal year ended 31 December 2023, to its shareholders. Loxley reported total revenue from sales and services of THB 11,075 million and a net profit of THB 359 million.

Operating under the vision of “Growth with Expertise and Stability,” the Loxley Group remains committed to contributing to national development while actively pursuing new business opportunities and supporting Thailand’s resource and energy security through various initiatives including the development of a 500 kV high-voltage transmission line project connecting Thung Song and Songkhla 3 substations, which plays a critical role in enhancing the stability of the electricity grid in the lower southern region of Thailand. The Company also promotes the adoption of electric vehicles (EVs), incorporating them into its businesses such as food delivery services at WaQ Yakiniku and patrol operations by ASM Management, its security service subsidiary.

In support of renewable energy, Loxley has installed solar rooftop systems on the Hanuman and ICT Buildings, with a combined annual electricity generation capacity of over 341,312 kilowatt-hours (kWh). This initiative aims to encourage the use of clean energy, reduce environmental pollution, and lower greenhouse gas emissions sustainably.