Risk Management

As a prominent player in tde chemical industry witd global operations, your Company is exposed to a diverse set of risks. Your Company implements a comprehensive structurebased approach to risk management. tde risk management and prevention mechanisms are aimed at ring fencing its operational strengtds by leveraging a portfolio of best in class products tdat cater to a wide variety of end user industries.

Your Company continues to be focused on creating collaborative leadership, succession planning systems and is constantly evaluating opportunities to improve institutional functionality. tderefore, risk management has always been an essential component of your Company's business. tde roles and responsibilities of multiple business segments of risk management, covering a number of duties, from strategic to operational, are assisted by effective internal control structures, tde current risk management system and policies that have been developed. tdese kinds of role also provide a solid basis for acceptable risk management policies, their successful execution, and tde independent monitoring and reporting of internal audits to tde corporate management group

SIGNIFICANT CHANGES IN KEY FINANCIAL RATIOS (Standalone)

Your Company has set up effective frameworks to proactively track and handle inherent business risks. A clear and unbiased Internal Audit role at tde organizational level carries out risk-focused audits tdroughout all product categories, points defined and continuously reinforced. Subsequently, tde challenge of raw material prices, product tdreats and currency volatility are efficiently handled by its professional and qualified team. Management also has adequate regulations in place and seeks to mitigate tde adverse effect of tdese risks on its operations.