It is my pleasure to interact with all my shareholders to give anoverview of the Company's performance for Financial Year 2018-19. It was anotherchallenging year for your company which has been moving ahead with its forward-lookingvision aims to achieve its various targets and focus on strengthening the Balance Sheet.The Company has also made plans to enter into various other alliances with different apexbodies which would be carried out shortly. The necessary feasibility study is beingcarried out for the said activities and in due time the mandatory steps will be taken forthe implementation of those activities. Our marketing strategy will be based mainly onensuring customers know about our existence and the service(s) we fulfill. Hence ourintention is to make the right information available to the right target customers. Thiswill be done through implementing a market penetration strategy that will ensure that weare well known and respected in the tourism industry. We will ensure that our prices takeinto consideration peoples' budgets that these people appreciate the service(s) knowthat it exists and how to contact us. The marketing will convey the sense of quality inevery picture every promotion and every publication. Our promotional strategy willinvolve integrating advertising events personal selling public relations directmarketing and the Internet details of which are provided in the marketing section of thisplan. The Company has posted a net profit of Rs. 11.94 Lakhs for the year ended 2018-19.Further I am grateful to all our shareholders for your consistent support and I canassure you that we in VMV Holidays Limited will continue to strive very hard to be worthyof your trust.
|Warm Regards |
|Vikram Bajaj |