In 2016, Bangkok Dusit Medical Services Public Company Limited was once again met with many challenging factors including the slowdown of the economy. Moreover, the last few months were a time of mourning for Thais as our beloved King Bhumibol Adulyadej had passed away. Thus, overall, the Group showed little growth. However, with the strength of the BDMS network and effective cost management, we were still able to produce satisfactory returns to our shareholders, in spite of the many domestic and international economic challenges.
In terms of quality of medical services, apart from the accreditation that we received from various institutions such as JCI, Advanced HA, HA, etc., the BDMS network continued to expand collaboration with leading medical institutions around the world in order to develop and improve our medical services and standards. Examples of such collaboration are the exchange of knowledge and skills in orthopedics with Missouri Orthopedic Institute and the exchange of knowledge and skills in orthopedics and trauma with Hannover Medical School. The continuation of such collaborations with world leading medical institutions is just another one of the important steps we have taken to elevate the standard of service of the BDMS network.
Apart from our efforts to develop medical knowledge, in 2016, the Company received Corporate Governance Rating (CGR) of “Very Good CG Scoring” for the second consecutive year from the Thai Institute of Directors, the Stock Exchange of Thailand and the Office of the Securities and Exchange Commission. We also received 100% scoring on the quality of our shareholders’ meetings. To this end, the Company is determined to continue to develop and improve our corporate governance practices.
As Chairman of the Board of Directors, I truly believe that by determining policies, adjusting our strategy to suit the current situation, developing management efficiency as well as other measures that we have undertaken, especially management with transparency and good corporate governance, our organization will be able to achieve sustainable development and strengthen the confidence of all stakeholders.
Lastly, on behalf of the Board of Directors, I would like to thank management and all personnel for dedicating their skills and efforts to propel the Company to grow with stability and sustainability. I would also like to express my sincere gratitude to all our shareholders, business alliances, various financial institutions, as well as all stakeholders who have continually entrusted and supported BDMS.
Professor Emeritus Arun Pausawadi
Chairman of the Board of Directors