Dear friends:
Let me take this opportunity to thank you for visiting our site and taking interest in
CSC Development, Ltd.
For the past three years we have been strategically positioning ourselves for
growth and investment opportunities. Steadily gaining and merging with companies for subsidiaries that
will contribute to our overall goal. This will contribute to our vision of offering our clients business solutions
covering all aspects of the spectrum.
This year, we have set some ambitious financial goals: double-digit profit growth,
strong cash flow, share repurchases and a return on invested capital that
improves each year from the 20% we posted in earlier years.
But I believe we'll achieve those goals. They are well within our reach with our resources.
We've got so much going for us, so much promise and terrific managers and employees to make it happen. You
can understand why I'm confident that we will meet all our sales and profit goals for the year.
As I think about what the future holds for CSC, I am very optimistic. We are
in the heart of a growing consumer market rich with opportunity. We have strong,
diverse products and services, established partnerships and financial resources.
Most of all,
we have a team of bright, highly motivated people with the skills, experience and commitment
to make the most of the opportunity before us.
Regards,
Ya Yun Chan
Founder/Chief Executive Officer