I am pleased to say that we at AL ASAB were able to make good use of our collective skills to better serve our strategy and mission for the future. As a result, we were able not only to withstand the negative trends but successfully reversed them, resulting into phenomenal increase in our operating revenues and profits year after year, also because of project completions without any time over- runs and cost over-runs. We fortified our operations by augmenting our resources be it Plant, Equipment & Machinery or human capital as we invested in skills.
In today's world, we live under the cloud of uncertainties and volatilities. Under such variables, we must strive to accept challenges boldly, adopt changes logically and seize opportunities quickly so as to grow in a sustained manner in today's highly competitive global environment.
Our aim should be to build-up on past success by optimizing use of our resources. But at the same time I wish to caution that we must not rest on our past laurels and instead strive harder to outperform ourselves.
My people are my power. I would like to thank them for their sincerity, hard work and dedication which has been instrumental in our organization scaling greater heights.
I also wish to thank our Clients, Business Associates, Patrons, Suppliers, Services Providers and State Nodal Agencies for reposing their faith, confidence and trust on us without which our achievements would not have been possible.
Ghanem Saeed Al Mazrouei
Executive Chairman & Managing Director