CEO's message

Let me begin with big thank you to all our shareholders, who have believed in us and stayed with us, during the turmoil driven by geopolitical changes and AI excitement. All these external forces are creating a environment of uncertainty, challenges that lie ahead in our journey.

We have lived thru them and come out stronger. And all these new and uncertain scenarios have made us even stronger to compete and succeed. Our teams have lived thru difficult times since the very inception and we are confident in our resilience to deliver future growth in the years to come.

While Myanmar struggles, we are making investments to build a new manufacturing site to service the medical needs of the country and also export new drugs to our markets. While Vietnam is experiencing growth and competition, we are building our base to produce drugs for the local market with EU GMP and EU approved products for sale in Vietnam. One of our largest markets now and in the years to come.

We have also made investments in Indonesia to manufacture, import and sell products in Indonesia, one the largest countries by population and pharma market, and hope to build a strategically significant business in the country in the next 5 yrs to come.

As we look into the next 5 years and develop our strategic road map, we are building the right product pipeline to play in and focus on SE Asia and Sub Saharan Africa along with our key Latin America and CIS countries where we have created teams of passionate, committed colleagues to take our Mega We Care brand to the next level.

The year has been interesting, in spite of the challenges, we have come very close to our goal to double our profits in 6 yrs. We have come very close, even with the USD to Baht exchange rate is not in our favor, our tax privileges expired and the impact of Myanmar. It all shows that our business model is very resilient and our brands enjoy a strong acceptance among consumers and the professional community.

We are embarking on a new 5 year journey to grow and build Mega We Care in the markets where we are and grow what we have, while we add strategically to the categories where we have build size and capability.

We seek your support and faith, while we work towards building a very focussed and well prepared company to compete in this “VUCA” world (VUCA stands for Volatile, Uncertain, Complex and Ambiguous).

We remain committed to your wellness and to build a company that cares for human wellness. Wishing you good health.