Core business–

Distribution & retailing

Diversified into: soft goods, furniture, cosmetic

In 2007 Turnover

crossed 11.854 Billion

CASE SYNOPSIS

Problems

TIME LINE

Target of doubling its

turnover to $20 billion

for the period 08-09?

Gave L/c to KB Toys

which went bankrupt

totalling the losses of

$10 Million and due

to which more than

40 Hong Kong Man-

agers were chasing

Conclusion/

Suggestion

The Group achieved rec-

ord profits 2009 respect to

2008: • Group turnover de-

creased by 6%i n 2009 driven

by its effective cost control

measures• Core Operating

Profit increased by 29% •

Shareholders’ profit in-

creased by 39% .

Situation/

Exhibit

Balanced trading in all the countries

Evasion in market like south Africa, South Asia.

Avoid cases like KB toys

leveraging its supplier relationship into performing sound trade overseas.

During Economic turbulence in 2009 the company managed to sustain and

also was able to make profit.

In 2006 Group’s

turnover was US$

8,772,008 million.

22.2% higher than

2005.

In 2005 Group’s

turnover was US$

7,173,566 million.

17.9% higher than

2004.

In 2004 Group’s

turnover was US$

6,084,096 million.

3.7% decrease than

2003

BY: Team6

(Invincible)

Abhishek kyal

Nishant Nagda