ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

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.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top