Message From CEO

Index Company International Group Public Company Limited is a leading engineering consultation company which has involved in the design and project management to develop public utilities system and infrastructure of the government sector. With experiences in more than 300 projects, the Company has created effective works which gain the confidence and trust from domestic and international customers in the public and private sectors. The success over 38 years is the proof that the Company has high professional knowledge and expertise in architecture and engineering in all areas, which is the strength of the Company. In addition, the Company is also committed to developing its competency in providing integrated services while building business network alliances to strengthen its strength, provide more comprehensive services, and increase the competitiveness of the organization.

The Company's operating results in 2020 increased which was close to the specified goal. This was the impact from the crisis of the coronavirus 2019 outbreak encountered by the world. Especially in the first half of the year 2020, the Company was adversely affected by the economic slowdown. The sudden decrease in demand in the industrial sector resulted in the delay of implementation of investment projects in any public utilities system, including construction projects of the government sector. In 2020, the Company had the total revenue of 576.81 million Baht, the total expenses of 559.03 million Baht, the total assets of 725.08 million Baht, and the total liabilities of 364.82 million Baht. The Company was able to earn the net profit of 17.78 million Baht. At the end of the year 2020, the Company had the amount of work on hand, pending for revenue recognition in the following years (Backlog) in the amount of approximately 359.86 million Baht.

Regarding the new projects signed by the Company in 2020, there were 9 projects worth over 517 million Baht, including;

Project of aviation fuel storage tank design and construction (T-2306) with related system equipment at Suvarnabhumi Aviation Fuel Storage Station
Project of the 4-lane highway survey and design, Phanat Nikhom bypass (Northern part)
Project of land leveling supervision for the construction of the taxiway 1 and the apron of the Aircraft Maintenance Center, U-Tapao Airport
Project of economic, engineering and environmental impact feasibility study for the construction of the connected highway network, Udon Thani - Bueng Kan Province
Project of inspection and certification of conditions of the Second Stage Expressway, A, B and C Parts
Consultation services for inspecting detailed design of Thailand-China Railway Cooperation Project, Bangkok - Nong Khai Section (Phase 2)
Feasibility study of the construction of Bueng Kan Airport
Project of conceptual design and cost estimation for the construction of the northern oil pipeline transportation system (Saraburi - Ang Thong)
Consultation services for detailed design of Thailand-China Railway Cooperation Project, Bangkok - Nong Khai Section (Phase 2 Bangkok - Nong Khai Section)

Regarding the large-scale projects implemented by the Company in the previous year, the implementation of many projects has progressed and is nearly completed, such as

Project of management consultation for MRT blue line extension project
Design-build project of Phichit oil depot
Design-build project of Nakhon Lampang depot
Construction project of aviation fuel service station at Don Mueang Airport, etc.

Although the Company encountered many obstacles in 2020 like other general businesses, the Company still made its utmost effort for the Company's growth according to the plans set forth in the following years under the strategic framework. The Company is ready to drive any operations according to the plans by selecting projects that will be beneficial to the society and the nation, integrating expertise in providing services to customers with its full potential, integrity, and honesty based on the good governance principles while contributing to the community, social and environmental development.

Finally, on behalf of the Executive Committee and all employees of Index International Group Public Company Limited, I would like to thank all shareholders, government agencies, private sector, state enterprises, customers, partners, business partners, and sponsors of the Company for the continued confidence and trust in Index Company International Group Public Company Limited. This is considered the important factor driving the Company's business operations to overcome many challenges in various areas and causing the Company to be successful and become the listed company on MAI. It will be a business opportunity for further expansion in the future. In this regard, please be assured that the Company is still committed to developing its competencies in terms of technology, personnel, knowledge, management, investment, and marketing in order to create performances for the Company to grow stably and sustainably.