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Arbind Mills
Essay specific features
Written by:
Kevin N
Date added:
April 7, 2013
Level:
University
Grade:
A
No of pages / words:
3 / 741
Was viewed:
5531 times
Rating of current essay:
Essay content:
The garments business is at a nascent stage and unlikely to make a notable difference to revenues and earnings in FY 05.
Over the long term, the company's ability to weather fluctuations in cotton prices and gain a sizeable market share in the garments segment would have an important bearing on its profitability...
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Cotton prices have risen by 17 per cent over the past year; they have, however, been on a downward trend in the last few months, which should have eased the pressure on margins. But that has not been the case. A large inventory of cotton at relatively higher prices, perhaps, explains the negative impact on profitability...
displayed 300 characters
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