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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » GRAN - Expansion plans 2011 and Beyond.

GRAN - Expansion plans 2011 and Beyond.

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milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

GRAN : Chairman and Chief Executive Officer’s Review – Annual Report 2010. - Excerpts below :-

We foresee the local poultry industry to grow in tandem with the per-capita income, and we need to be ready for this by continually improving our capacity and capability.

In 2010, CGE has obtained the ISO9001-2008 certification awarded by SLSI. This will lay a solid foundation for other productivity improvement initiatives..

We have added four new and modern environmentally controlled broiler houses during the same period, and will continue to increase our farm capacity in the coming years.

The Company also recognises the importance of accurate and timely information for businesses efficiency and decision making. In view of this, we have further enhanced our Enterprise Resource Planning (ERP) system through the addition of Business Intelligence (BI) tools. This enables us to organise data into useful information for analysis.

The next few years CGE is optimistic about its growth potential. We hope that infrastructure development will continue as expected during 2011 .Allowing new markets to come up throughout the country while creating necessary background for new farms to be established, especially in the North and East of the island..

I wish to convey to all our shareholders and investors the future is bright for CGE and lot of potential waits to be exploited in the coming years..



Last edited by milanka on Fri Apr 22, 2011 2:24 pm; edited 1 time in total

http://forum.srilankaequity.com/u188

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

milanka wrote:
GRAN : Chairman and Chief Executive Officer’s Review – Annual Report 2010. - Excerpts below :-

We foresee the local poultry industry to grow in tandem with the per-capita income, and we need to be ready for this by continually improving our capacity and capability.

In 2010, CGE has obtained the ISO9001-2008 certification awarded by SLSI. This will lay a solid foundation for other productivity improvement initiatives..

We have added four new and modern environmentally controlled broiler houses during the same period, and will continue to increase our farm capacity in the coming years.

The Company also recognises the importance of accurate and timely information for businesses efficiency and decision making. In view of this, we have further enhanced our Enterprise Resource Planning (ERP) system through the addition of Business Intelligence (BI) tools. This enables us to organise data into useful information for analysis.

The next few years CGE is optimistic about its growth potential. We hope that infrastructure development will continue as expected during 2011 .Allowing new markets to come up throughout the country while creating necessary background for new farms to be established, especially in the North and East of the island..

I wish to convey to all our shareholders and investors the future is bright for CGE and lot of potential waits to be exploited in the coming years..

Thanks for the excerpt. I mentioned the report/growth prospect in another thread mentioning where you would find the above . ( pages 3-4 on ANnual report) . The excerpt would make it more clear to whom ever is interested.

http://forum.srilankaequity.com/t2868-gran-labai-labai

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