Chairman's Address - 60th Annual General Meeting

My fellow shareholders, once again it gives me great pleasure to present my report on the Company’s performance for the period ended September 30, 2015.

The profit after tax for the Company was $2.569 billion compared to $2.265 billion in 2014, an increase of $304.0 million or 13%. This improvement was as a result of the increase in physical sales by 3%, an increase in revenue by 4% and a reduction in operational expenses by 4% due to internal efficiency measures and favourable material prices.