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Orient Paper & Industries Ltd.

BSE: 502420 Sector: Industrials
NSE: ORIENTPPR ISIN Code: INE592A01026
BSE 16:01 | 19 Feb 32.00 0.20
(0.63%)
OPEN

31.85

HIGH

33.40

LOW

31.85

NSE 15:54 | 19 Feb 32.25 0.45
(1.42%)
OPEN

31.80

HIGH

33.60

LOW

31.60

OPEN 31.85
PREVIOUS CLOSE 31.80
VOLUME 25909
52-Week high 52.70
52-Week low 25.45
P/E 7.98
Mkt Cap.(Rs cr) 679
Buy Price 32.10
Buy Qty 1000.00
Sell Price 33.00
Sell Qty 201.00
OPEN 31.85
CLOSE 31.80
VOLUME 25909
52-Week high 52.70
52-Week low 25.45
P/E 7.98
Mkt Cap.(Rs cr) 679
Buy Price 32.10
Buy Qty 1000.00
Sell Price 33.00
Sell Qty 201.00

Orient Paper & Industries Ltd. (ORIENTPPR) - Chairman Speech

Company chairman speech

"The growth that we want is one that brings real benefits to the people raisesquality and efficiency of development and contributes to energy conservation andenvironmental protection"

- Li Keqiang

Dear shareholders

This has been a milestone year in more ways than one..

We completed the demerger of Orient Electric Limited from Orient Paper.

This completes our goal of creating three independent entities focused on developmentand growth in their respective fields of cement electric and paper. It is a matter ofsatisfaction that all three companies are doing well and are on a good growth path intheir respective businesses. As a result the wealth of our shareholders has gone up bymore than Five times in the last five years.

The paper business has also been strengthened by the addition of tissue paper capacitycoupled with our continued focus on a reduction in costs and increase in efficiencieswhile ensuring enrichment of our environment. The result of these initiatives is evidentin the comprehensive improvement in the performance of our Paper business which achievedits best ever results during the year under review.

We are now in the process of implementing several new initiatives to further strengthenOrient Paper. These are expected to result in significant additional improvements in thecoming couple of years.

You will also be happy to see your company's significant financial strength reflectedin substantially reduced borrowings coupled with increased net worth. Obviously thisprovides us with a healthy platform for sustainable growth.

FIs we embark on the next stage of enhancing and enriching values for all ourstakeholders I look forward to your continued support and encouragement.

With best wishes

C.K. Birla

Chairman.