Another important achievement for IRPC is the collaboration with PTT to establish Innopolymed Co., Ltd. to build a non-woven fabric factory through Meltblown process. This project is expected to contribute to the stability and strength of the country’s medical device and supplies manufacturing industry and public health system. This is another milestone that signals IRPC’s readiness to shift its business operations to take on future opportunities and challenges. In addition, IRPC also cooperated with Navamindradhiraj University in a social enterprise project by co-founding Vajira Lab for Society, the first laboratory center in Thailand and Southeast Asia to provide medical device testing and certification of products, such as face masks, N95 masks, PPE suits, etc. Amid the COVID-19 pandemic, IRPC stays committed to its business growth and strategic plans to make positive contribution to the society along the pathway towards a sustainable and balanced growth. In solidarity with the rest of the society, IRPC has announced the “We Care by IRPC” project in collaboration with the public sector, PTT Group and our networks of suppliers and customers, to extend a helping hand to get people adversely affected by the coronavirus crisis back on their feet. Among the assistance programs we have provided is the development of field hospital beds made from specialty plastic pellets based on our technology and innovations. The hospital beds were manufactured and donated to field hospitals and waiting centers for COVID patients. The company also donated fuels for use at crematoriums throughout the country, as well as supported restaurant operators affected by lockdown measures while helping vulnerable people cope through “To Our Heart’s Content: One Shop...100 Meals Served” project, etc. With dedication and determination IRPC weathered the COVID crisis exceptionally well, and in 2021 delivered Baht 26,961 million in EBITDA and Baht 14,505 million in net profits. Thanks to outstanding performance according to its business strategy under its operational sustainability framework emphasizing transparency and accountability, IRPC has been selected as member of Dow Jones Sustainability Indices (DJSI) for the eighth consecutive year. In 2021, IRPC was recognized for its accomplishments on multiple fronts, receiving various rewards from renowned organizations, such as the Outstanding Human Rights Model Organization Award for three consecutive years (2019-2021), Best Investor Relations Awards and Thailand Sustainability Investment (THSI) for seventh consecutive year at the SET AWARDS 2021, among others. These awards are testament to IRPC’s sustainability business credentials as a good corporate citizen with social responsibility towards all stakeholders, environmental stewardship and corporate governance, instead of merely pursuing maximum profits and delivering good operating results. IRPC’s Board of Directors, executives and employees would like to thank all shareholders and stakeholders for their support to and confidence in IRPC. We would like to take this opportunity to reaffirm our commitment to performing our duties to the best of our ability and with total dedication to ensure sustainable business growth, guided by corporate governance principles, as well as to deliver maximum benefits in the best interests of all shareholders and stakeholders, while creating business and social value on a pathway towards a sustainable future. Mr. Chawalit Tippawanich President and Chief Executive Officer With prudence, astuteness and dedication amid the COVID-19 pandemic, IRPC managed to post net profits of Baht 14,505 million in 2021. As was the case in previous years, IRPC received numerous awards in recognition of its corporate governance accomplishments in terms of sustainability, transparency and accountability. 27 Message from the Board of Directors IRPC PUBLIC COMPANY LIMITED
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