I am confident that Rabbit Holdings is well-equipped to invest in the financial services sector, eventually establishing itself as a leader in this industry.
I would like to express my gratitude to all our shareholders for your unwavering trust and support in the Company’s decision to shift its focus toward financial services. This strategic move has once again proven successful for the second consecutive year, with a profit of THB 1,331mn this year and sustained growth from the previous year. The key elements that contributed to this achievement were our determination, adaptability, courage to move forward, and a proactive approach to exploring new opportunities with full confidence in our ability to sustain long-term growth for the Company.
Throughout the year, there have been several significant developments. We have gradually divested our real estate assets, both in Thailand and overseas, and utilized the proceeds to grow the financial services business. To reflect the Company’s long-term business strategy shift, we changed our name to Rabbit Holdings Public Company Limited. Furthermore, the insurance business has been rebranded and is now known as Rabbit Life Public Company Limited (“Rabbit Life”) to modernize its image and cater to a diverse customer base. This rebranding has allowed Rabbit Life to introduce new products to a broader range of customers, resulting in an outstanding performance, a record profit, and strong growth despite market uncertainties.
As we head into 2023, the global market may remain volatile due to concerns over rising inflation and interest rates. However, I am confident that Rabbit Holdings is well-equipped to invest in the financial services sector, eventually establishing itself as a leader in this industry. Finally, I would like to express my appreciation to all members of the management and employees who have been dedicated to strengthening the Company’s growth. I sincerely thank all shareholders and stakeholders for your support and trust in us. I encourage everyone to confidently step into the new era of the Company and join us in the numerous successes which we will share soon.