The Board of Directors of Pipis Bros Farm Public Company Ltd presents the Interim Management Statement for the period from May 16, 2009 to November 4, 2009, pursuant to the provisions of Article 11 of the Transparency Requirements Law 2007 (N.190(I)/2207), which has not been audited by the external auditors of the Company.
Its main activities focus on the production, slaughtering and trading of chicken and have remained the same as last year.
The main events and developments that occurred during the aforementioned period and the impacts on the financial statements are set below:
a) The Company has improved even more the cost of production.
b) The Company has increased its turnover by 4.3% despite the difficult year due to the economic recession.
c) The Company has completed the investments for the 3 new premises f 2004 – 2006 program and expects the subsidy that has been approved of €400,000.
d) The building that had been ruined due to a fire on June 1 has been compensated by the insurance company with €80,000. Its production has been covered with the addition of a new live stock partner.
e) The Company improves constantly its share in the market with the addition of new and reliable customers.
f) The Company improves its customer list, removing the customers that are not reliable and profitable.
Its main activities focus on the production, slaughtering and trading of chicken and have remained the same as last year.
The main events and developments that occurred during the aforementioned period and the impacts on the financial statements are set below:
a) The Company has improved even more the cost of production.
b) The Company has increased its turnover by 4.3% despite the difficult year due to the economic recession.
c) The Company has completed the investments for the 3 new premises f 2004 – 2006 program and expects the subsidy that has been approved of €400,000.
d) The building that had been ruined due to a fire on June 1 has been compensated by the insurance company with €80,000. Its production has been covered with the addition of a new live stock partner.
e) The Company improves constantly its share in the market with the addition of new and reliable customers.
f) The Company improves its customer list, removing the customers that are not reliable and profitable.
Tuesday, 3 November, 2009 - 08:41