Balaka Stitch (pvt) Ltd Chairman’s MESSAGE

The Company achieved an all-time high performance on account of both Revenue and profits.

This company is only by the high level of modernization, selection of right technology, correct product mix, a concerted efforts by the whole team in management, all employees and whole hearted support provided by our banks, other financial institutions, esteemed customers and suppliers.

Based on the above excellent performance and in order to reward the shareholders of the Company at the appropriate time for the full support extended by them all these years, Board of Directors is recommending a dividend of 100%.

The Company now plans to take its performance to next level by further modernization, creating new markets in Europe and US by implementing fashion products using high tech and time saving machinery and devices, improvement in quality of its employee by training, research and development.

The Company has also plan to introduce its own brand in USA in the coming year, and the ground work for the same has already commenced, which we expect will bear fruit in the following years.