It is an honour and privilege to present to you our 35th Annual Report onbehalf of the Board of Directors of Total Hospitality Limited. The Company has venturedinto the business of Hospitality since 2010 consequent upon change in Object Clause of theCompany (formerly known as Total Exports Limited).
The road ahead is to set-up initially 10 nos. most-modern state-of-the-art DialysisCentres in Africa stand-alone or with an existing facilities of a large hospital. In eachcentre we propose to install 10 nos. dialysis machines including 2 nos. exclusivelyreserved for HCV HIV & Hep 'B' patients. These centres will consists of dialysismachines fowler beds cardiac table crash cart defibrillators multi-para monitorsweighing scale air-conditioners & fridges individual television for each bedreverse osmosis plant 1000 LPH with 2 nos. storage tanks of 10000 litres capacity eachCCTV cameras etc.
The Company has initially identified Rwanda Uganda Zambia & Ethiopia forsetting-up these 10 dialysis centres in next 24 months time. In second phase the Companymay explore other countries in Africa & West Asia.
The estimated cost of per dialysis session is more than 5 times compare to India. Theestimated total capital outlay of this project is US$ 3.00 million equivalent to INR 200million which will financed through deferred credits on equipment equity contribution bythe Promoters and a Mauritius based Private Equity Company.
The Company is in the process of appointing a competent experienced consultants whowill be responsible for setting-up the entire operations of the centres which includelayout design area modifications beds allocation build & construction of waitingarea utility room store design nursing & administration stations purchase &installation of equipment provide manpower planning protocol & qualityimplementation.
This year our Company has incurred losses and more expenditure but we are lookingforward for wonderful years ahead. I am confident that the young and dynamic team of TotalHospitality Limited will continue to deliver its promises.
On behalf of the Board I would like to acknowledge all my associates and colleagues inthe Company for their dedication and unstinting hard work in difficult years and lookforward to their continued support and their commitment to the future success of ourbusiness.
Once again I thank you for resting your trust on us and providing us the opportunityto lead our Company. I look forward to sharing success with you in the coming years.