Message from the chairman

Sincerely Yours,
Mr.Tirachai Vutithum
Chairman of the Board

Dear shareholders,

In 2016, M Pictures Group has developed policies and strategies in order to reach our goal of becoming the leader of film-related business through film right distribution in multiple platforms; especially Free TV, Digital TV, internet, and Cable TV, as well as local film production for domestic market to meet the increasing change of consumer behaviour on technologies. As a result of Thailand’s decelerating economy caused by consumers’ spending awareness which affected whole domestic market, including the theatrical side, the company’s gross revenues decreased from 541.43 million in the previous year to 485.21 million baht in 2016. However, the company has already adjusted some strategies on management by focusing on reducing cost and expense with more efficiency.

The Board of Directors strongly believes that the adjustment of policies and strategy to current circumstances, especially film rights distribution in Cable TV and Digital Media, including other channels, will essentially advance the company to become the leader of film-related business with more stability.

On this occasion, I, on behalf of the Board of Directors, would like to express our highest appreciation to shareholders, investors, clients, business partners and associates for any kind supports. In addition, I would like to thank all the executives and also the employees for their hard work, dedication, and responsibility on various important assignments which firmly and increasingly strengthen the company as well as subsequently lead the organization to the goal-oriented achievement. I believe that the company still has prosperous potentials to grow further and I wish for your unfaltering support and cooperation.