After having faced the stagnant economy as a result of the Russia Ukraine War, with multi-industry impacts in Europe and other regions across the globe, especially on the significant price increase in the energy and chemical sectors and in the logistical cost, various European paper manufacturers had to subsequently suspend their production and reduce exports to the market in the United States of America, the Middle East, and Africa, resulting in paper shortage in numerous countries. Such an incident caused those nations to place their paper orders with Asian manufacturers instead, which was favorable to Double A
(1991) Public Company Limited in terms of the abundant orders placed. Despite our price increase to reflect the higher production cost, there was no negative impact on the sale volume, thanks to customers’ trust and confidence
in the quality of Double A branded products.
At present, Double A has exported its products to over 130 countries globally, with the premium quality and consistent marketing campaigns resulting in its global presence. Especially in the Asian market, Double A is still a brand widely recognized by customers. Recently, survey results on paper brand awareness in Thailand and South Korea have shown that Double A is still the most well-known brand among Korean university students.
“One thing that we do ceaselessly is adapting ourselves through the global crisis with our understanding of changes and uncertainty requiring the business to be ready to adjust to every situation. We also place utmost importance on product and service quality while enhancing our strength and credibility among customers and investors in order to drive our business toward stable growth. In doing so, we develop and extend from new products and services to respond to consumer needs and join hands with our partners to increase our potential and stability to consistently grow both domestic and international sales volume through maintaining our global stance as a premium brand on top of customers’ minds all along.”
Moreover, Double A is determined to take part in driving the Thai and global society toward sustainable development, together with its steady business growth by leveraging its corporate capabilities, experience, and expertise as a leading organization, with ESG-based business practice with its production from renewable plant cultivation through the eco-friendly manufacturing technology and innovation favorable to the community and every member of society. This is through implementation of our sustainability management policies and compliance with pertinent laws and regulations for transparent administration and promotion of trust among shareholders and stakeholders.
On behalf of the Board of Directors, executives, and employees, I would like to thank shareholders and investors for their continued trust and support toward Double A. I would also like to thank our customers for their patronage, our suppliers for excellent product delivery and services, and banks and financial institutions for their financial support. Additionally, I would like to thank every member of the society and community for enabling Double A to take part in the progress in environmental and social responsibility.
