It is my privilege to present to you this review of the developments concerning to our company. The competitive environment and trends continued along the lines reported to you. Our company moved forward on its program of all around development. Despite severe competition in the market speed by all of our Groups’ concerns, our company recorded major sales growth, as all of these are highlighted in company’s review. I would like to express my sincere appreciation to all staff whose efforts and dedication have contributed to the results achieved during the year. I am sure I can rely on them to continue to exert themselves to produce better results in forth coming years. Thank you all for your continuous support. Muhammad Muzammil Malik (CEO)