


........................................
Chairman’s Message
I am very much pleased to report to our
valued stockholders that the company
had yet another successful year, the Group
maintained the tradition of generating
consistent results. This was achieved
despite difficult market conditions. The
well prepared negotiation with the carriers
and a customer-centric approach were
the main drivers. The Leisure sector too
tabled healthy results for the year under
review. Strong performances from both
sectors enabled Group revenues to cross
the Rs. 70 Bn mark in the year under review,
22% higher than what was reported in the
previous year_Naosuke Kawasaki -Chairman
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