tulip tea company ltd Management discussions


TULIP TEA COMPANY LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS WEATHER & CROP: The weather during the season under review was better than the preceding season. This helped the tea estate to recover from the affects of the drought suffered during 2006. As a result the production during the year was higher. Your Board takes pleasure in reporting that the operations for the year under review show a higher profit. PROSPECTS: The weather in the North Bank area in Assam has been generally unfavourable in the first half of 2008. Consequently the leaf intake has been lower in the opening period of the ongoing season. However, the auction prices are higher and the Directors are optimistic about the year under review.