I would like to express my profound gratitude to all shareholders for BJCHI’s success in the last 26 years.
As a global integrated fabricator in heavy industries, BJCHI had a meaningful year in 2019, and our expectations for this 2020 are higher than ever in Oil and Gas, Petrochemical, Mining as well as Mega Infrastructure Projects.
BJCHI demonstrated a great turnaround in 2019, sharply increased revenue by 120% and net profit by 120%, and accumulated a big backlog for the coming years. With the world experiencing a variety of changes, BJCHI is facing unprecedented new business opportunities based on the trust and reputation it has built up, so our backlog will continue to grow to renew the record. Therefore, I expect 2020 to be a record year for us, and to greatly meet the support and expectations of the shareholders.
For the year 2020, BJCHI will concentrate our resources on further strengthening our competitiveness in overseas markets while widening new business opportunities in domestic mega projects.
By improving the overall operational process, BJCHI will continue to reduce costs to achieve strong financial statements and competitiveness.
BJCHI will continue prioritizing people’s development by providing a training program and enhancing employees’ capabilities to make improvements in operating results.
On behalf of the board of directors, executive members and all employees, I would like to take this opportunity to express my sincere appreciation again to our shareholders for the confidence and continuous support to BJCHI. I reiterate that BJCHI shall operate our business to create the best outcome for all shareholders and achieve our future growth in a sustainable way.
Mr. Young Jun Lee