I always start this letter by sharing with you all the operational and financialachievements made by Prime Focus throughout the year. But the past year has been achallenging concern to the world. The COVID-19 pandemic has caused disturbance to everydaylife and damage to the economic growth of the nation. Due to the pandemic the healthcareinfrastructure of the nation was under tremendous pressure and was responsible to savelives and reduce the impact of the virus to the people.
In these challenging times the employees and everyone associated with the company cametogether as a family and helped each other in need. We got all our employees friends andfamilies from the industry vaccinated by organizing an in-house vaccination drive withinall the Indian sites. Along with this we also provided ration kits and oxygenconcentrators to the Government of Maharashtra to help them fight against the novelcoronavirus.
Even during these unprecedented times Prime Focus has had a tremendous year of growthin creativity technology and its people. The rise of content creation on digitalplatforms translated into an opportunity for us to contribute across all formats.
In the last 24 years. Prime Focus has grown and excelled in its strategic partnershipwith DNEG which has positioned us as the world's leading integrated media service groupThis transformational partnership has helped bag five Oscars since then and hasestablished the importance of in collaboration and consolidation to enable progressivegrowth in our industry.
Chairman and Whole-time Director Prime Focus Limited
With the launch of 'ReDefine' (a company registered under DNEG) last year we expandedour arm into the Asian and independent filmmakersRs.across the globe to provide VFX andAnimation with top international creative standards.
Our goal is to creatively grow and provide the best quality work to our customers.Prime Focus as a powerhouse has not only grown in innovation and technology but also froma financial standpoint as a top-tier entity that has consistent earnings and long-termprospects for its employees who are a lot more secure stable and successful in theircareers.
While the war against COVID-19 is far from over we are confident that in the end wewill prevail and come out stronger better and healthier. We care for each one of ourstakeholders including employees shareholders vendors clients and local communities.
Every year we grow strong and more successful and as we look into the future we areconfident that we have best positioned ourselves for the challenges to come. Since thebeginning we've set goals and have always been successful in achieving them.