Dear Shareholders & Investors
I am pleased to present before you the 2018-19 Annual Report and the overallperformance of the Company during the year. This year there is plunge in income of theCompany which is due to various economic factors affecting the sale of Company.
We are expecting to grow this year as the economy is also expecting a stimulus withgovernment being back for 5 years.
Further the announcement of schemes like Pradhan Mantri Awas Yojana- Housing for AllSmart Cities Mission etc will also be contributing towards the higher sales and growth ofthe Company.
We are moving ahead with a strong positive outlook to pick up growth momentum by makingoptimum use of various above mentioned economic political and other factors. Sanco willalso be focusing on maintaining the manufacturing of the best quality products which isCompany's USP and adopting best possible marketing strategies to explore newmarkets/client in India & abroad to accelerate growth.
On behalf of the Board I would like to thank all our stakeholders includingshareholders investors bankers creditors and employees for their continued trustconfidence and support to the Company.
Chairman and Managing Director