The so called 'crown jewel' of the national car industry, the
overprotected child of the nation (or more like overprotected child of
an old man and his ego) has hit it bad this year.
Higher revenue but a big drop in net profits 58.15% drop in profits
from 2009 but revenue grew 39%.
Something is not right here. I don't care if they spent a lot in
Rebranding but I suspect their UK based 'offspring' is sucking up a
lot of money. That and also is not so efficient supply chain perhaps.
If I was on the board of directors, the CEO would go. Chairman too has
to be accountable.... But that's me and believe me accountability is
hard to come by these days.
If you asked me, time we moved on and dumped the failed company. Sell
it off, cut our losses and spend on something more productive like a
well linked and integrated rail based public transport network. Enough
is enough, people's pockets are being burnt just to fuel the man's
ego.
--
Sent from my mobile device
1 comments:
You don't have to. Be youself, be sincere and do what you think is right and best for you and the country but not to satisfy your ego.
Afterall, you are answerable to the ALL MIGHTY ALLAH for your deeds and words.
Post a Comment