Page 9 - Plasma Profile
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CHAIRMAN

                                         STATEMENT





                                    We deliver value rather than products. Each
                                    segment we serve is developed looking deep
                                    in to the customer's desire and their choice.


                                    We believe the strategy we adopted in both of
                                    our  divisions  is  proving  to  be  correct.  In
                                    particular,  the  COVID-19  pandemic  has
                                    demonstrated the value of our solutions that
                                    help  with  the  containment  of  infectious
                                    disease  outbreaks  –  namely,  our  NATlab
                                    diagnostic system, which can identify human
                                    pathogens  with  unparalleled  speed  and
                                    accuracy,  and  our  Eco-Med  products  for
                                    pathogenic  waste  treatment.  At  the  same
                                    time,  the  importance  of  secure,  virtual
                                    networks has never been more apparent.



                                           In 2019, we achieved the goals that we
                                    set for ourselves for the year. We delivered
                                    growth  in  revenue  to  $123.4m  (2018:
                                    $119.6m) and adjusted operating profit was
                                    $5.3m  (2018:  $2.6m).  We  saw  meaningful
                                    progression in NFV and molecular diagnostics
                                    – our key future growth markets. We are also
                                    pleased  with  the  solid  commercial  traction
                                    that we have established in our Eco-Med and
                                    Cyber businesses. We gained new customers
                                    and  partners,  secured  new  contracts,
                                    expanded into new territories and continued
                                    to establish a leading position in our target
                                    markets.






                                                                            SURESH C.P.



             www.plasmaventuresllp.in                                                                    09
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