I feel proud being part of Vista Group in Nigeria as CFO for last 2 years. This is a great place to work with independence and motivation from the management and from the subordinates.
Vista Nigeria delivered strong financial results in 2016, 2017 reporting a record net profit and a return on equity all-time high.
Upon reflection, there is much to be pleased about in our performance. We achieved solid growth year on year in a challenging operating environment, whilst continuing to manage our business efficiently. Once again, we posted record revenues, building on years of remarkable performance, even as the economy presented us with a slowdown.
Tightened liquidity and turbulent markets certainly have impacted the industry, yet the Company’s underlying performance and fundamentals remain strong. Vista’s resilient balance sheet registered healthy growth.
2018 holds both risks and opportunities for Vista, Nigeria and will be a significant year for our new growth. We pledge to put our best and collective efforts forward to achieve our 2018 goal and future vision.
Binod Kumar Mohapatra
CFO, Vista International Ltd, Nigeria
