by Figures say it all
The best way to weigh a company’s performance is its annual turnover. For the last two years, collective information from MTCC website are given below as a refferenece.
With compare to 2009, 2010 income statement shows;
Total sales: 87.5 million less
Cost of sales: 51.8 million less
Gross Profit: 35.7 million less (62% less)
Sales and marketing expenses: 1.8 million less
Administration expenses: 7 million less
Other expenses: 2.9 million less
Operating profit: 24 million less (102% less)
Financing expenses: 1.2million less
Net profit (loss): 22.8 million less (240% less)
Net profit value for 2010 was around 9.5 million which might to drop during the final audit.
BY looking at this; are there any possibilities to retain MTCC Reserve, any chance to increase the wages or any opportunity to with hold the existing resources and to extend those. Moreover, is there any strength to fulfill its commitments and to take more………
ARE WE ALL ARE IN A VESSEL THAT MIGHT SINK AT ANY TIME?…
Who knows, the future is not us to see, whatever will be will be….