EASTERN MINING & ALLIED PRODUCTS
Article Abstract:
Eastern Mining & Allied Products is into coal mining in Meghalaya. The cheaper imports of coal, the downtrend in the international markets and the recession in the domestic market have all affected the company badly. A capacity expansion in 1997- 98 has resulted in the company being burdened with excess capacity and higher inventory. During 1997-98, the company was able to utilise only 56 percent of its capacity. It has now decided to venture into the transport business to utilise its vehicle resources. During the first six months ended September 1998, sales touched Rs6.56 crore against Rs9.42 crore recorded in the first six months of September 1997. A net loss of Rs22 lakh was recorded in the first six months of 1998-99 as against Rs1.39 crore in first six months of 1997-98. (uh) (khr)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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AVI EXPORTS (INDIA)
Article Abstract:
AVI Exports (India) of Chandigarh mills and exports basmati rice. It made a net profit of Rs5.23 crore on a turnover of Rs44.44 crore in the first quarter of 1998-99. It has a rice mill having an installed capacity of 20 tonnes per hour at Sonepat. AVI has not paid dividend for the last 3 years. (uh)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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