Kulthorn Kirby Public Company Limited

Climate Impact & Sustainability Data (2022)

Total Carbon Emissions:1,697,117 tCO2e/year (reduction)

Reducing GHG emission from solar cell usage by 1,697,117 tCO2e/year equals to planting 123,979 trees.

Short-term Goals:

Finalize additional working capital agreement.
Manage all financial transactions to comply with credit facilities agreement.
Liquidating unused assets and non-core businesses.
Develop lower-cost, high-efficiency motor compressors (Aluminum motor compressor project).
Improve production process efficiency and decrease costs/expenses.
Develop local suppliers for Bristol compressors.

Rising prices of raw materials worldwide, especially steel and copper.
Russia-Ukraine war augmented an energy crisis.
Continued loss since 2017 due to changes in industry structure and intense competition.
High pressure on the refrigeration, air conditioners, and freezers industries.
Inability to maintain financial ratios according to the conditions of the financial institution.
Intense competition from Chinese manufacturers with excessive production capacity and price discounts.
Reliance on major customers.
Fluctuation of world trade prices of raw materials (copper and steel).

Adapting business strategies and models in accordance with changing markets.
Improving and developing products to meet customer demands.
Refining production facilities with cutting-edge technologies to decrease production costs and increase production quantity.
Sourcing materials from various suppliers to maintain competitiveness and reduce supply shortages.
Deploying efficient inventory control and closely monitoring impacts from varying market prices.
Bristol’s project (acquisition of US technology and intellectual property, relocation of production lines to Thailand, expansion of compressor capacity).
Focus on research and development to meet market demand and comply with environmental regulations.
Short-term policy for production cost reduction.
Expanding customer base.
Improving after-sale service.
Negotiating to increase selling prices with customers.
Adjusting production and distribution strategies and reducing manufacturing costs and other expenses.
Accelerating product delivery to customers.
Entering into foreign exchange forward contracts to reduce foreign currency risk.