2006 - Eastern Caribbean Securities Exchange

Group Chief Executive Officer’s Report and Management Discussionmodernisation activity with mention of the positiveoutcome in terms of increased production across ouroperations. In essence, this campaign positioned theGroup as adding value through expansion, proactivein its upgrading projects and completely able to meetthe growing demands for cement throughout theregion.their efforts in counteracting the difficulties thatarose during 2006. This team effort resulted inthe Group’s continuing profitability in spite of thechallenging circumstances. I also wish to extend myappreciation to our customers, our shareholders andother stakeholders for their continued support.Strong demonstration of the TCL Group’s corporatesocial responsibility (CSR) continued in 2006 throughour investments in youth and education, housing,sports, culture and the environment. Too many tomention, the following formed the core of our activityin this regard:Dr. Rollin Bertrand, Group CEO• Alliance with Habitat for Humanity to build homesfor low income families in the Caribbean• UWI Scholarships and Bursaries• Sponsorship of TCL Group WI Under 19 CricketTournament and Team• Sponsorship of the RML/TCL Group SouthCaribbean Golf Tournament• Sponsorship of the TCL Group Skiffle Bunch SteelOrchestra with celebrations to mark the Group’s25-year relationship with the band.• Observance of World Environment DayConclusionThe coming year will be a pivotal one for the TCLGroup, with several milestones to be achieved by yearend.In 2007, the TCL Group will seek to continueits efforts in areas such as health and safety, energyuse and conservation, emissions reduction as part ofits ISO 14001 environmental thrust, quarry use andrehabilitation, in addition to its ongoing focus onstakeholder engagement programmes. The TCL Groupdeems these efforts to be “good business” and goodfor business as it strives towards its stated vision ofcontinued growth.AcknowledgementsFinally, I wish to express my sincere thanks to all ofthe hardworking employees of the TCL Group forAnnual Report 200633