Dear Shareholders,
I trust this message finds you well and filled with the same sense of
pride and optimism that I feel as I address you today. It is an honor to serve as the
Chairman of our remarkable company, and I am excited to share some exciting news and
developments with you.
I am delighted to report that our company's profit has witnessed a
significant and substantial increase on a year-on-year basis. This achievement is a
testament to the dedication, hard work, and innovation of our exceptional team, as well as
the support and trust of our valued shareholders like you.
The future of our company shines brightly, with a host of promising
opportunities on the horizon. We are on the cusp of a new chapter in our journey, one that
is marked by growth, expansion, and enhanced profitability. Allow me to highlight some of
the key initiatives that will shape this prosperous future:
1. Increasing our product line and launching new models in existing
categories: We are focusing on increasing our product line as we have recently introduced
Air Fryer. Also, we are launching new models in our already existing category to increase
our customer base.
2. Entering the new markets: We are entering new markets and increasing
our foothold on already existing markets.
3. New Factory Construction: We are thrilled to announce that we are in
the process of constructing a state-of-the-art factory. This facility will not only
increase our production capacity but also enhance our capabilities and efficiency. It
represents a significant step forward in our quest for growth and excellence.
4. Backward Integration: To further bolster our profitability, we are
strategically focusing on backward integration. This approach will allow us to exercise
greater control over our supply chain, reduce costs, and ensure the highest quality of our
products. This commitment to vertical integration is a testament to our determination to
achieve sustainable and robust growth.
Our stakeholders have been an invaluable part of our journey, and I
want to extend my heartfelt gratitude to each and every one of you. Your unwavering
support, trust, and confidence in our company are deeply appreciated. We consider you not
just as shareholders but as partners in our shared success.
As we move forward, I want to reiterate our steadfast commitment to our
stakeholders. We are dedicated to delivering on our promises, ensuring transparency in our
operations, and upholding the highest standards of corporate governance. Your interests
will always remain at the forefront of our decisions and actions.
In conclusion, I am incredibly excited about the direction our company
is headed. With your continued support and our collective determination, we are poised for
a future filled with growth, prosperity, and success. Thank you for your trust, and we
look forward to celebrating many more achievements together.
Sincerely,
Sukhlal Jain Chairman
Greenchef Appliances Limited