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Author Topic: 2006 Kader Financial Report English Version (Bachmann USA section)  (Read 1404 times)

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« on: August 06, 2007, 02:24:17 AM »

I'll take the liberty to do the edit for some <>

Model Trains
The turnover for model trains for the year ended 31st December 2006 was approximately HK$365.62 million <edit: approx USD$50 million>, a slight increase of 3.36% as compared to last year.
During the year under review, the manufacturing costs stood at a high level which adversely affected the performance of the Model Trains section. To face the challenge, the Company followed a strategy of further improving the quality of the products. This strategy has succeeded in gaining the loyalty of customers and maintained our leading position in the industry<...
...> The Bachmann’s E-Z Command® series continued to be the key contributor to sales growth. This is a Digital Command Control (DCC) system incorporating the latest digital technology to bring a DCC system to control speed, lighting, and direction of multiple locomotives that is easy to use and
affordable for both the novice and experienced hobbyist. With the latest offerings of DCC Sound On Board locomotives, model railroads are able to come to life.
The Group is committed to maintaining its competitiveness in terms of productivity, quality, reliability and delivery. Efforts have also been placed in enhancing safety precautions and quality control. Safety standards, regulations and code of practices are the Group’s major concern. The
Group is always adhering to the Code of Business Practice of the International Council of Toy Industries (“ICTI”) and has passed and satisfied the ICTI audit, namely, the ICTI CARE Process.

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