The ratings are dependent on sustaining business margins
while maintaining a sound financial profile with strong coverages and manageable leveraging.
. Supply-side inflationary pressures have been building steadily and could ultimately be passed onto consumers as business margins
are squeezed," it added.
With the current economic uncertainty surrounding agriculture, and increased pressure on business margins
, more farm operations are looking to diversify into a range of different non-agricultural activities for future security.
Summary: Price discounting continues to squeeze business margins
-increase in FTLife's business profile in terms of broader and sustained distribution coverage, while consistently maintaining strong profitability, such as value of new business margins
Nevertheless, e-commerce in the country is growing as digitalisation has made it possible to bypass middlemen, who used to eat up most of the business margins
. Leading producers of apparel, smartphone, food and electronics have set up websites to connect with their customers.
The margin in packaging films business have improved while the flexible packaging business margins
were impacted by the lag effect of about 17% increase in the crude oil prices during the quarter.
These results, alongside positive April 1 renewals, where we continued to see increases in business margins
, position the company well to deliver improved underwriting results during the course of 2018.
Reducing the state's business margins
tax - which most voters don't pay - has the support of 45 percent of voters, while 26 percent oppose a cut.
The rate hike assumes significance as it is expected to lead foreign portfolio investors away from emerging markets such as India, and also dent business margins
as access to capital from the US will become expensive.
On a stand-alone basis, PNSC's business profile has gained significant strength in recent years and exhibited by continuous improvement in business margins
on account of efficient fleet utilization, better pricing strategy and cost management measures taken by the management.