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BAFS Unveils its Three-Year Growth Strategy Focused on Three Main

Bangkok Aviation Fuel Services PCL (BAFS) launched its growth strategy for 2021-2024 with an emphasis on developing three segments: its core businesses, related businesses, and new businesses to meet the demands of customers in a changing world while preparing to sustainably drive business growth. Mr. Prakobkiat Ninnad, President of Bangkok Aviation Fuel Services PCL (BAFS), disclosed the company s business operations for 2021, noting the continued and unprecedented uncertainty due to COVID-19 in the country and around the world which is having a huge impact on global businesses, especially the tourism and aviation industries. Nevertheless, BAFS believes in Thailand s resilience in aviation and tourism over the long-term. As a result, the company unveiled its strategic plan for 2021-2024 which aims to support the group s sustainable growth. By 2024, the company expects to achieve 43% of its income from its core business of aviation refueling with the remaining 57% from its non-core

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