trio merc trad share price Management discussions

1) Financial Performance :- During the year ended on 31st March, 2023 companys business was down but it recovered when compared to previous year.

People are now not spending much on luxury items. Overall business activities are slow and down.

2) Material Developments in Human Resources :- Now a days there is big shift in Human development & Resources. Artificial Intelligence is going to play big role in future. Many repetitive jobs will be replaced by AI and it will be a big challenge to adjust and adopt in the system.

3) Industry Structure & Redevelopment :- During the year industry is facing high rise of Interest rate. Industry is caught in twin problems of Inflation and high finance cost.

4) Segment wise performance :- Companys performance in trading sector was low. Overall economic scenario is weak. However, company did good in other activities of the company and there is further scope of improvement.

5) Opportunity & Threats :- As such economy is now showing scope for improvement. There is confidence in overall business conditions. If monsoon is good the economy will revive. But still economy is dependent on monsoon and Agro related business. Russia war has disturbed supply chain of Industries.

6) Further outlook :- Now economy is recovering from past period of Corona epidemic. But now difficulties in unrest and war has crippled business atmosphere. Oil price and finance cost is disturbing business. If Inflation is under control things will improve.

7) Internal Control Systems and their adequacy :- Company is having adequate system of internal controls comensurate with the size and nature of operations of the company. All transactions are properly recorded and authorized adequately. Beside the adequacy and effectiveness of the Internal Control department as monitored by Audit Committee of the Board and it recommends proper guidelines from time to time for effective measures.

8) Risk & Concern :- Inflation and Interest Rate are major concern. Due to high risk of doing business has increased.

9) Details of significant changes (i.e. change of 25% or more as compared to the immediately previous financial year) in key financial ratios, along with detailed explanations therefore, including:

10) Details of any change in Return on Net Worth as compared to the immediately previous financial year along with a detailed explanation thereof.

Return of Net worth

Annual Net worth of the company / shareholders equity capital

Annual Net worth	Total Revenue	Total Liabilities
	-2286779.56	-2287103.80
	2419648.09	2429669.18
	-94.51	-94.13

Due to unprecedented fall in Economy recovery of Monies has become difficult.

Variance 0.40%