Corporate Governance Policy

The Board of Directors has placed an importance on the principle of Good Corporate Governance and understands its roles, duties and responsibilities to the Company, shareholders and all stakeholders concerned.

The Company has been abiding by the policy and procedure for the Board of Directors of a listed company, in accordance with the guidelines set forth by the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC). Accordingly the company was rated in the Corporate Governance Scoring for 2019 at a rate of “Very Good” or 4 star level, by Thai Institute of Directors (IOD).

Corporate Governance Policy
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Corporate Governance Committee Charter
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Risk Management and Sustainable Development Committee Charter
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Nomination and Remuneration Committee Charter
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Global Code of Conduct

“คู่มือจรรยาบรรณในการดำเนินธุรกิจ” ฉบับนี้ จัดทำขึ้นเพื่อวางมาตรฐานด้านจริยธรรมในการดำเนินกิจการของบริษัทฯ และส่งเสริมแนวปฏิบัติที่ดีในกระบวนการดำเนินธุรกิจ โดยกำหนดความคาดหวังที่มีพนักงานทุกคน และมุ่งหวังการเสริมสร้างวัฒนธรรมที่ดีตามหลักการกำกับดูแลกิจการที่ดีของตลาดหลักทรัพย์แห่งประเทศไทย

Code of Conduct
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Corporate Policies

Diversity and lnclusion Policy
Human Rights and Labor
Company’s Articles of Association
Conflict of Interests Policy
Procurement Policy
Supplier Code of Conduct
Employment Policy

Corporate Policy

Corporate of Tax Policy

Haad Thip Public Company Limited has always followed good corporate governance policies and principles. By focusing on doing business transparently, recognize of duties and responsibilities in relation to taxes and related legal proceedings accurately and honestly, and use tax structures correctly to avoid tax evasion. We foster trust among stakeholders and communities where the company's business venture operates.

Tax policies must be implemented with integrity, transparency, and accountability. It is the company's operating principle. To generate long-term benefits and confidence for all parties involved.

Income tax expense (2021)
  2020 2021
Tax rate (Baht million) Tax rate (Baht million)
profit before income tax 632.33 628.74
Tax amount based on income tax rate 20 126.47 20 125.75
Reduced tax rates for acquiring rights in special-developed areas 3 (11.33) 3 (9.23)
taxation of net profit from BOI-promoted businesses. 0 (43.90) 0 (23.61)
Net non-taxable expenses resulting from deductible expenses (3.85) 2.00
Current year loss not recognized as deferred tax asset net of prior deferred tax assets recognized in this year 1.09
Taxes recorded in the previous year that were too high (0.59)
Total 10.66 67.39 15.18 95.41

In 2021, the profit before income tax was 628.74 million baht and income tax expenses were 95.41 million baht, based on the effective tax rate of 15.18 percent, which is lower than the corporate income tax rate of 20 percent.

Granted reduction of income tax

  1. HaadThip and its subsidiary has the right to reduce the tax rate according to the Royal Decree issued under Revenue Code No. 727 and No. 731, dated 7 November 2021, giving tax rights for companies or juristic partnerships having a place of business located in the Special Development Zone and having income arising from the production of goods or the sale of goods or services in the Special Development Zone by reducing the income tax rate to 3.0% of the net taxable profit for assessable income received from January 1, 2021 to December 31, 2020.
  2. A subsidiary has received an investment promotion certificate from the Office of the Board of Investment for the production of preformed plastic bottles (Preform) and plastic bottles (PET), thus receiving various benefits including exemption and/or reduction of corporate income tax. For net profits from promoted business operations over a set period of time Terms and conditions specified in promotional certificates.
  3. The company is entitled to exempt from corporate income tax for employee training or development.
Repayment Policy

HaadThip determines the repayment period based on the type of goods and raw materials or procurement work for various services, value, purchase orders, and conditions agreed upon by the partners.

Value Type and value of product and service
Credit term 30 - 60 days

As of December 31, 2021, HaadThip and its subsidiaries had an average collection period of 26 days, which was close to the average payment period of 24 days. If necessary, a long-term moratorium can be negotiated to some extent. to ensure that cash inflows and outflows are consistent without incurring any debt burden

Personal information protection policy

บริษัท หาดทิพย์ จำกัด (มหาชน) (บริษัท) สนับสนุนให้ท่านทำความเข้าใจนโยบายการคุ้มครองข้อมูลส่วนบุคคล (Personal Data Protection Policy) เนื่องจากนโยบายนี้อธิบายถึงวิธีการที่บริษัทปฏิบัติต่อข้อมูลส่วนบุคคลของท่าน เช่น การเก็บรวบรวม การเก็บรักษา การใช้ การเปิดเผย รวมถึงสิทธิต่าง ๆ ของท่าน เป็นต้น เพื่อให้ท่านได้รับทราบถึงนโยบายในการคุ้มครองข้อมูลส่วนบุคคลของบริษัท

Personal Information Protection Policy
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นโยบายคุ้มครองข้อมูลส่วนบุคคล - ผู้เข้าใช้งานเว็บไซต์
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แบบคำร้องขอเกี่ยวกับข้อมูลส่วนบุคคล
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Anti - Corruption

Haadthip Public Company Limited together with the subsidiary places significant importance on the subject of anti-corruption, and hence, has issued a related policy and guidelines for business operation.

The Company shall operate with earnest commitment to honesty, transparency, fairness, the principle of good corporate governance, business ethic and anti-fraud and corruption of all facades, both directly and indirectly, be it a request for, acceptance or provision of bribery.

Anti-Corruption Policy
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Whistleblowing and Complaint Form

You can report traces or make petition relating to corruption, are every group of stakeholders of the company