In the wake of unexpected challenges, we found our strength. Each link fortified, each step forward. We are now a resolute chain that refuses to break.

The turmoil created by these events on the commodity and freight markets during the past two years are slowly stabilising to new levels. The structural changes taking place, at global level, over the recent past have, as such, forced us to adopt new strategies and operational practices which are as follows:

• Shorter procurement cycles in the supply chains;
• Higher stocks of ingredients;
• Lower dependency on imported fossil energy; and
• Higher utilisation of local raw materials in countries where we operate.

With the improving economic outlook, I am pleased to report that for the year under review our group has generally performed well with a turnover of Rs 5.4 billion and profit after tax of Rs 209 million. These results are mainly due to an effective purchase of raw materials, the good performance of our overseas operations and the dedication of our people.