1. How would you describe the financial or other performance of your family business?
I would say that the company is doing fairly good except there are is an increase in the debt equity ratio.
2. In what ways are your family’s economic needs in conflict with the family business’s financing and investment needs?
the profits of the business is mostly re-invested for further R&D in the company as this industry is highly volatile and changes quickly. The other remaining funds are utilised by the family members with my father and his brother getting the highest stake amongst everyone.
3.What transition do you envisage for your family business’s financial investment and management needs in the next decade?
the company is defiantly going to expand and diversify as we are investing majority of our profits in research and also planning to open new clinics and pharmacy in government hospitals.