The 5-year analysis of Asian Tea & Exports Ltd's performance infers:
We analysed the performance of Asian Tea & Exports Ltd share prices over the last 10 years. Here is what we found out:
Asian Tea & Exports incorporated in 1987, is engaged in producing and exporting tea. The company was incorporated under the name Sita Plantations. The company is one of the leading exporters of tea in India. Company's tea blending and packing plant is a 100% export oriented unit.
Besides tea, the company is also engaged in manufacturing activities, trading and exports of coffee and garment. Companyâ€™s blending and packing units are located in Calcutta and Coimbatore in
Besides tea, the company is also engaged in manufacturing activities, trading and exports of coffee and garment. Companyâ€™s blending and packing units are located in Calcutta and Coimbatore in India.
Tea- Company owns tea garden-Matigara Tea Estate situated in Darjeeling. Companyâ€™s annual production is more than one million Kgs of Black and Green tea. Beside India, the company also has blending facilities located at Kenya, Vietnam, Indonesia and Sri Lanka.
Company manufactures three types of teas such as Black Tea, Green Tea and Oolong Tea. Company offers teas from different tea growing regions of India such as Assam, Darjeeling and Nilgiris and other countries namely Sri Lanka, Kenya, Indonesia and Vietnam. The company markets its products under the brand name â€œFOUR SEASONSâ€.
Coffee: Company also manufactures and exports Coffee-in fine powder and granulated form in consumer pack in small tins as well as in bulk. Garments: Company also manufactures and exports 100% Cotton garments like inner wear and T-Shirts etc. for men and women.
The company has received ISO 9001:2000 certified for Quality Management. The company has received recognition of Star Export House given by Government of India.
Asian Tea & Exports was awarded the Niryat Shree Gold Trophy for two consecutive years-2002 and 2003, by FIEO, Ministry of Commerce, and Government of India for excellence in exports.
Asian Tea & Exports plans to increase production volume and launch a new brand of speciality teas in selected markets.