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:::
Annual Communiqué - 96th Annual Report :::
EVA Positive Core Business
Our effort will be to
maximise and sustain investors confidence in the core business, by
enhancing the present value of future EVA. We shall achieve this through an integrated set
of improvement initiatives under the ASPIRE programme. 
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| The ASPIRE cycle |
The Hot Strip Mill -
achieving record output |
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- Several initiatives involving judicious selection of technology and equipment,
training and reskilling of human resources, restructuring, improving product & market
mix and product branding enhance our global competitiveness.
- We have stretched the installed capacity of existing production units
to achieve record outputs.
- Our Total Operational Performance (TOP) programme has returned about
10% and 5% cost reduction in Cycle 1 and Cycle 2 respectively and continues to give about
5% cost reduction in Cycle 3.
- Through an extensive communication exercise on Vision 2007, 100% of the
employees have been sensitised to the EVA+ concept.
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