Hanung Toys & Textiles Ltd has informed that the Company's revenue are largely insulated from currency fluctuation risks in terms of the followings:-
1. Domestic revenue contributes around 20-25% of total revenue.
2. Natural hedge by way of import of raw material for stuffed toys to the extent of 30% of total revenue.
3. Exports to IKEA in Indian Rupees to the extent of around 20% of the total revenue.
4. Balance is fully hedged by long term zero-cost foreign currency derivative deals.
This way the Company's total revenues are largely protected from currency fluctuation risks.
September 24, 2007
Hanung Toys & Textiles
at 4:10 PM
Labels: Hanung Toys Textiles
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