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0 | 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 |
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| Source : Dion Global Solutions Limited | |
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