Corgi International Limited Announces its Business Plan for the Fiscal Year Ending March 31, 2008.HONG KONG Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. -- Corgi corgi: see Cardigan Welsh corgi; Pembroke Welsh corgi. International Limited (Nasdaq GM:CRGI CRGI Capital Research Global Investors ) today announced that it has posted a presentation outlining its business plan for the year ending March 31, 2008 at http://www.wsw.com/webcast/roth9/crgi/. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Michael Cookson commented, "Corgi's business plan for the fiscal year ending March 31, 2008 anticipates greater than 20% year over year revenue growth and improving profitability based on consolidating our operations, reducing our SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one. SKU - stock-keeping unit count by 20%, and expanding our licenses, especially the Golden Compass and Harry Potter." Cookson continued, "We also see an opportunity to increase our distribution within our approximately 2900 retail customers; over 80% of which carry just one of our three brands." The presentation also outlines the company's capital structure as of December 31, 2006, which includes 10.3 million shares issued and outstanding. About Corgi International Corgi International develops and markets a wide variety of both licensed and unlicensed collectible products- ranging from high end prop replicas to toys and gifts. The company holds licenses for many of the top film franchises of all time, including Batman, Disney Classics, Harry Potter, James Bond, Lord of the Rings, Pirates of the Caribbean This article is about the franchise. For other, more specific uses, see Pirates of the Caribbean (disambiguation). For real pirates, see Piracy in the Caribbean. Pirates of the Caribbean , Star Trek  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. , Star Wars, Superman, and others. The company is headquartered in Hong Kong, with offices in Walnut Creek, CA, Chicago, IL, and the United Kingdom. Caution Regarding Forward-Looking Statements Certain statements in this release are forward-looking, including statements concerning anticipated revenues and margins. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, in addition to those discussed above and without limitation, changes in market demand for Corgi International products, changes in economic conditions, dependence on certain customers and other risks described in the company's annual report on Form 20-F for the fiscal year ended March 31, 2006. The company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion