Untitled - Berli Jucker Public Co. Ltd.

EXECUTIVESUMMARYTO OUR SHAREHOLDERSThe year 2006 continued to be affected byseveral key factors that negatively impacted thebusiness climate in 2005. Raw material and fuelcosts maintained their high level as interestrates rose. More than 40 provinces in theNorthern and Central regions were hit by severefloods. No apparent improvement noted till nowin unrest that has long prevailed in threeprovinces of Southern Thailand. Drought hasalso been a concern for other regions of thecountry. Fortunately, such unfavorable factorshave not posed a serious setback to thecompany’s overall performance as they mayhave done to several other companies.The first half of 2006 was a tough period for ourglass container business as performance washampered by overcapacity, intense competition,soaring production costs, and restrictions onadvertising and sales of alcoholic beverages.However, improvement was forthcoming in thelast quarter of the year.Plastic Packaging and Medical Supplies wereamong businesses that recorded better revenuegrowth than initially anticipated. The Companyhas also made considerable progress in laying asolid groundwork on which to drive growth inour business in flavors, fragrances andchemicals for food, bakery and animal food. Webelieve our efforts, which are focused onmarkets, locally and in neighboring countries,will certainly bring greater returns in the nearfuture.The Board of Management is most thankfulto the more than 4,000-strong workforcecontributing to the performance of the past yearand the building of a foundation for enduringstrength in the future. We are deeply gratefultoo for the cooperation and support of ourcustomers and business partners. And, we owemuch gratitude to the encouragement andsupport of our shareholders. The dedicatedefforts of all can only inspire the managementteam to lead the Company in its strive forgreater success.BRIEF REVIEW OF 2006 PERFORMANCEFinancial ResultsTotal consolidated revenues of Berli JuckerPublic Company Limited for the year ended31st December 2006 amounted to Baht 15,563million, representing an increase of 3% over2005.Consolidated net income of Baht 868 millionearned for the same corresponding perioddecreased by 9% versus 2005.DividendFor the entire year, the Company paid adividend of Baht 3.00 per common share or54% of net income after tax.18