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56 Directors’ Report
Acknowledgement
The Board of Directors wishes to express its sincere appreciation to our extremely valued shareholders,
customers, suppliers, contractors and financial institutions, whose faith, cooperation and support over
the years strengthened our relationship which plays a vital role in improving our products and services
and contribution to the society and national economy.
The Company is immensely proud of its human resources and thankful to all executives, officers and
workers for consistently delivering outstanding performance resulting in a higher level of success and
profitability for the Company. We also appreciate the valuable contribution and active role of the audit
committee in supporting and guiding the management on matters of great importance leading to
success in achieving the targets of the company.
We are also thankful for the excellent support and guidance provided to us by our parent company and
the trust reposed by the shareholders on the management and board of directors. This support gives
confidence and encouragement in achieving the targets and application of strategies.
On behalf of the Board
Syed Babar Ali
Chairman
Sohail Wajahat H. Siddiqui
Chief Executive Officer
Karachi, October 31, 2008