Dear Valued Shareholders- With great honour and privilege, I place before you the Annual report along with the audited accounts of Generation Next Fashions Limited and auditors report thereon for the year ending June 30, 2019.
Business Condition: The year 2019 has been another successful year when the company was able to achieve sales growth in spite of extreme competition in global apparel sector. Though we overcame all odd situations but could not achieve good profit due to the down ward trend of apparels price in the global market.
Financial Aspects: It is very encouraging to note that, despite all odds, sales revenue of this year has been increased by 28.88% compared to last period.
Human Resources: All the above mentioned achievements would not have been possible without the dedication and selfless commitment of our employees who are the foundation and backbone of our company.
Conclusion: Here I would like to take this opportunity on behalf of the Board of Directors to express our deepest appreciation to all of our valued customers for their confidence in our products. I also like convey our sincere thanks and gratitude to all the employees for their tireless efforts, to the suppliers for their quality goods and to the esteemed shareholders for their continuous support and interest for the welfare of the company. We also hope that the same support from all stakeholders will continue in the coming years.
May Allah bless us all. Thanking you all, Tauhidul Islam Chaudhury Chairman
“Satisfying Buyers ‘Needs” and to be a leading and sustainable ecofriendly textile fabric apparel manufacturer in Bangladesh is our vision.
Our mission is to maximize quality products production and services strictly on ethical and moral standards at minimum costs to the society ensuring optimum benefits to the consumers, the shareholders and other stakeholders.
Enhance profitable through customers’ satisfaction. Maximize the value of being of our customers, shareholders and employees Optimize contribution to the society. Ensure ecofriendly manufacturing environment.