Annual Report - Century Enka - 2009-2010

CENTURY ENKA LIMITED

ANNUAL REPORT 2009-2010

DIRECTOR'S REPORT

Dear Shareholders

We have great pleasure in presenting the 44th Annual Report and Audited
Statements of Accounts of the Company for the year ended 31st March, 2010.
The performance has improved significantly. The revival of demand in Nylon
Tyre Cord Fabrics (NTCF) and the efforts made by your Company in improving
efficiencies in all areas of operations including working capital
management resulting in lower interest cost and foreign currency risk
management, have contributed greatly towards the improved performance. We
trust you will be quite satisfied with the performance of your Company.