CHAIRMAN-CUM MANAGING DIRECTORs ADDRESS TO SHARE HOLDERS
Dear Share Holders
I wholeheartedly convey my gratitude to all our share holders the board members andthe employees for having faith and patience as well as for the unstitching support to meas well as to the company.
I wish and request you all to continue in the same spirit in future also which willbenefit CENLUB Industries Limited and help to achieve greater heights in the coming years.
I am really disappointed that there is still slow down in the sectors like SteelPower Cement Earthmoving Equipment etc. where we are the major supplier of LubricationSystem.
Besides the above Machine Tool Industries are also not picking up well. Do to thepersistent efforts and hard work of our Managers Staff and Workers we have touched asale of Rs. 31.34 crs. this year (2015-16) as compared to the sale of Rs. 29.82 crs. lastyear (2014-15) which is not admirable.
I am quite optimistic that if the market takes a good shape in the above sectors wewill see a better result in the current year.
With warm regards
Chairman Cum Managing Director