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BSE: N.A. Sector: N.A.
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan
NSE 05:30 | 01 Jan

. () - Chairman Speech

Company chairman speech

GEI INDUSTRIAL SYSTEMS LIMITED (Formerly known as GEI HAMON INDUSTRIES LIMITED) ANNUAL REPORT 2006-2007 CHAIRMAN'S REPORT Chairman's Statement Dear Shareholders It gives me immense pleasure to present the annual report of your Company for the financial year 2006-07. This financial year has been an excellent one for the Company in terms of all round growth in Revenue, Profit and Order book. We expect the growth momentum to be sustained in the coming years based on the substantial investments being committed by the Government and Private Entrepreneurs in the energy sector. As we integrate into a global economy, benchmarks for key parameters such as product innovation, service and quality are converging with international standards. Ability to compete in a fierce and demanding global market is vital for the long term success of any enterprise. At GE 1, we have successfully met this challenge by * Committing to superior value - It is the key to retaining more customers, gaining market share and penetrating new markets. * Expanding growth capabilities - Clear focus on growth capabilities in deciding where and when to expand the enterprise. * Managing for growth - A distinctive system for managing the growth portfolio through varied market conditions including measured risks. * Adaptability - Ability to deal with contingencies in an imaginative and determined manner. Growth is the only proof of true business success. With your support, we are confident of achieving many more milestones. With best wishes, C.E. Fernandes Chairman & Managing Director