ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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COLOUR-CHEM-Business Restructuring

EPW Research Foundation COLOUR-CHEM Business Restructuring COLOUR-CHEM, a subsidiary of German transnational, Hoechst AG, has fared well in 1996-97. While the company's net sales improved by 9.8 per cent over the previous year, value of production rose by 13.6 per cent. A lower increase in operating expenses led to a 24.6 per cent rise in operating profit. Despite steep increases in interest costs (up 25.7 per cent), depreciation provision (up 18,9 percent), and tax provision (up 50 per cent), the company managed to post a 36.6 per cent improvement in its bottomline.

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