FICON LEASE AND FINANCE LIMITED
ANNUAL REPORT 2007-2008
MANAGEMENT DISCUSSION AND ANALYSIS
1) INDUSTRY STRUCTURE & DEVELOPMENT:
With the improvement in primary market sentiment and also vastly improved
secondary market. the investment climate in the country leaves the
Management with much scope for new business activities in the future.
2) OPPORTUNITIES & THREATS, RISKS & CONCERNS AND BUSINESS OUTLOOK:
The Capital Market is expected to continue its upward trend. Consequently,
the Management will explore opportunities in Trading in securities and
other related activities.
3) INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:
The internal control system followed by the Company is considered adequate
reviewing the operations of the Company regularly. The recommendations made
by Audit Committee are reviewed and monitored towards its successful
4) HUMAN RESOURCES:
The company is managed by a professional team under the guidance of the
Managing Director. Frequent meetings are arranged to upgrade the knowledge
of the employees and to strengthen their managerial capabilities.