I welcome you all to the 24th Annual General Meeting of your Company FiveCore Exim Limited (formerly known as Aurum Soft Systems Limited). Five Core Exim Limitedis a Listed Company engaged in providing "professional IT and manpower resourcingServices" its Registered Office is situated in Chennai TaNil Nadu.
Five Core Exim Limited has always strived to be ahead of the curve by anticipating themarket's needs and will continue to do so by working closely with clients. We have a longtradition of serving our valued customers to their complete satisfaction through efficientmanagement and excellent workmanship which we continue to maintain with our untiringefforts. In an era of advanced technologies and new techniques we continuously strive forinnovation and enhanced efficiency.
Mr. Amarjit Singh Kalra new promoter of your Company along with his expertteamismaking his best efforts to bring up your Company to a new height. Company hasevolved from being an IT Services and comprehensive range of workforce solutions andservices provider to hardware and end to end System integration also". The Companyhas recently ventured into manufacturing and trading of computer accessories likeKeyboards Mice Multimedia Speakers Internal and External Laptop speakers and CoolingPads. Company aims at providing high-quality solutions & services to the customers atmost competitive prices. The Company also upholds the Commitment to provideCustomer-centric Quality Solutions to the customers.
Lingering impact of GST roll-out. Economy disrupted by roll-out of GST which wasintroduced on 1st July 2017 causing temporary disruption of trade channel ofthe Company.
Despite of the GST impact the company has successfully managed to bring in steadygrowth in terms of increase in revenue of INR 382.97 Lacs in the F.Y. 2017-18 as comparedto previous F.Y. of INR 306.83 Lacs marking an overall growth of 24.82%. Also you will beglad to know that your Company has earned profit of INR 148.78 Lacs in the F.Y. 2017-18which led to commendable growth of 1254.83 % as compared to previous financial year.
Our focus is on developing new products maximizing growth potential and satisfying theneeds and aspirations of our consumers. We stand behind our contractual commitments to ourclients and we will work diligently to earn your trust and respect and deliver businessand IT results with excellence.
Our values include integrity respect for the individual open and honestcommunication innovation and excellence.
As we look to the years ahead we pledge to remain committed to excellence keep abreastof changes and innovations adopt better management and techniques and successfullyovercome all challenges before us.
On behalf of the Board of Directors of Five Core Exim Limited I want to thank you foryour continued trust confidence and support.