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Count N Denier (India) Chairman's Speech > Engineering - Heavy > Chairman's Speech from Count N Denier (India) - BSE: 516110, NSE: N.A
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Count N Denier (India)
BSE: 516110|ISIN: INE146N01016|SECTOR: Packaging
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« Mar 11
Chairman's Speech (Count N Denier (India)) Year : Mar '12
Dear Shareholder''s
 
 At the outset I would like to thank the entire Count N Denier team and
 all our esteemed clients and associates for the creative momentum,
 support, enterprise and commitment that have helped us to sustain
 during these testing times given the significant changes in the textile
 industry as a result of the recent global economic crisis. Companies in
 this sector are adjusting to the economic scenario through more
 economic distribution channels, cost efficiency and our Company is also
 suffering from such crises resulting to such crises the Company is
 continuously suffering from Losses.
 
 After, such a crises situation in the market Company is still looking
 to maintain the business properly and bring the Companies business in
 profit Mode after writing off all the previous losses.
 
 The current financial situation of the Company is not healthy enough to
 diversify in the other product, hence it is found quite difficult to
 recover the previous losses.
 
 I look forward to your continued support.
 
 With warm regards,
 
 Sd/-
 
 Chairman
Source : Dion Global Solutions Limited
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