Sunday, June 16, 2013

Yet Another VAT Casualty

5 comments:

Anonymous said...

Translation --- More parts of the company in st.Lucia is up for sale.

Expect more layoff!

This is SAD!

Anonymous said...

ENTRANCE PROBLEM
In my view if you dont have direct access to your store from the main road your business is a backyard store. The result see it.

Anonymous said...

WTF, They should make large profits every year. Is it VAT or bad management.

venomous sn.ke said...

Its amazing how quickly these companies jump to blame VAT and government for their own incompetencies. We all know that excessive profit generation is the goal of all busniesses, but too many of those business entities, think that goverment is the one responsible to pave the road to their wealth, not themselves, even though the rest of the population is screwed while they generate their profits.

Anonymous said...

34.5 and 36.7% gross profit margin inspite of VAT and increases in costs don't spell casualty.... misleading title....people with an agenda smh... St. Lucians are actually educated and are not fools. We can read!!! feeling insulted as a St. Lucian.