Message of Chairman
Golden Mountain Sauce

Parinya  Winyarat

Chairman

Thailand’s overall economic growth has decelerated from the late 2008 and

remained vulnerable to bounce along the bottom to the beginning of 2009 due

to the worldwide economic downturn and the widespread obstruct political problems

in country.  The crisis has affected virtually every aspect of business, as evident from

the decline productions of various industrial sectors, while other businesses were forced

to collapse and lay off employees.  However, in the 2nd quarter Thai economic has

gradually relieved.

 

 

Seasoning sauce market in 2009 has to undergo many changes and been adjusted for facing significant pressures, challenges and extreme competition.  The leader brands in the market have to compete with themselves and their traditional competitors to maintain the market shares, while the new brands and the new varieties of seasoning products have been launched into the market.  In the face of this difficult times, Sauce has put its utmost efforts and hard-fought improvement and development for the International standard quality, competitiveness potential and has differentiated itself higher from other competitors aiming taking care of the customers and consumers needs.

In 2009 Sauce has continued to focus on the productivity improvement and development; particularly in the line

of seasoning sauce production.  The new filter machine installation in seasoning sauce production is verified for

the improved and higher yield productivity.   As for Kinzan BHP (Biological Hydrolyzed Protein) project for

Fermented Soy Sauce production currently is on construction around 60%.  This is the top priority project

which is taken to accelerate, however may be delayed from scheduled.  Anyhow, Sauce do placed its confidence

that Kinzan BHP (Biological Hydrolyzed Protein) project will implement production efficiency and accuracy due to

the PLC utilization for production control and the sanitary production area, these will result higher standard and

more constant products for our customers and consumers.

 

Sauce has stepped forward continually and firmly to strengthen the organization and its people competency

by broadening employees’ knowledge and related skills understanding, emphasizing on working safety

consciousness, environmental care and conservation, community stewardship, coupled with energy

saving responsibility.  Sauce is also enhancing its production ability under the effective cost management to

generate optimum profit  for the organization and pass it on to all shareholders, fortifying the seasoning

sauce business for both local and national prosperity.

Sauce performance in 2009 recorded favourably.  we continues to work hard to be a leader in the seasoning

sauce market.   Nevertheless, we recognize the need of the government sector supporting the public

sector by encouraging Thai products manufactured by Thai owners competing with the foreign products in

worldwide nations with their self-esteem.  Besides, the government sector must set forth the strict and serious

laws to eliminate the counterfeit products since these illegal makers have taken an advantage on the real and

original manufacturers and confuse the consumers.  The supports will build up much more confidence and value

in Thai companies and Thai products also provide consumers to consume the quality standard products.

 

Sauce realizes the challenging tasks waiting for in 2010.  The Board of Directors, the management, and all employees

are walking forward hand-in-hand for continuing hard works and dedication to drive all aspects of company

operation efficiently and effectively emphasizing on integrity, honesty and ethic for our customers and consumers.

 We are proud indeed to improve our products meet with the international standard to attain the highest

satisfaction of our customers and consumers.

I on behalf of the Board of Directors would like to express my profound appreciation to shareholders,

customers, consumers, related parties and all supporters who have played a vital part of the company’s progress

to date.

 

                    Thai Theparos  Food  Products Public Company Limited. (Thailand)

           Tel. (66) 2 703 4444  FAX (66)2 387 1163  E-Mail : mkd_ttp@gmsauce.com

 

 

 

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