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Our financial
objective is to achieve total annual turnover in excess of S$6 millions by the end of the year
2003. We plan to achieve a net profit margin of a minimum of 15% of annual turnover.
We intend to reach these objectives largely by developing new
products,opening new markets, increasing sales to current
accounts, upgrading our products and services, increasing market share,
developing a more aggressive sales effort, using a stronger marketing
strategy, providing superior service, managing costs closely, cutting overhead,
selecting vendors more carefully and maintaining the momentum of our current
products and services.
In addition, we planned to launch our own website and fully maximize the
potential of e-commerce as an integral part of our business
strategies.
Our mission is
to raise productivity so as to enhance our competitiveness and economic growth
predominantly through productivity, innovations, standards and quality.
The thrusts for productivity and innovations shall be through promotion and
organizational excellence to systematically achieve world class standards of
business excellence.
Our ultimate and eventual financial vision is to secure a listing on the
Stock Exchange of Singapore Dealing and Automated Quotation System (SESDAQ) to
raise even further capital for diversification and broadening of our markets as
we planned also to expand downstream to be involved in research and development
in the areas of biomedical and life sciences as an integral part of our product
development. We have to venture overseas so as to be close to our clients
and to exploit lower costs and the listing status will also enhanced our
credibility especially in clinching larger business
contracts.
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