13
Managing Director’s Review
Despite various cost control measures during the current economic downturn, we will continue to pursue our R&D programmes for product
innovations to fulfill the growing expectations of the machine vision market while leveraging on its leading edge technologies to add breadth and
depth to the business. Meantime, we will strengthen our production lines to achieve shorter lead time, higher out-going product quality, strive
for operational efficiencies to contain cost and maintain profitability, embark on selective market expansion plans whilst improving our customer
service and tap on our human resource talents to propel us towards the next level of company and personal success.
We are also taking this downturn as an opportunity to strengthen our human capital by recruiting more talented people to our team and by
providing more trainings for existing workforce. We believe that now is the right time for us to invest in human capital, training and R&D while
competitors are cutting back their spending, so that we are well prepared ourselves and be ready with better product and service offering to our
customers when the market recovers.
We will maintain our sales and support office in Suzhou, China to ensure that our customers are well served and taken care of in this turbulent
time. In the meantime we will tap on opportunities to further enhance sales not only for the vision systems but the AOI as well. The representative
office in USA will remain as a beachhead to establish a strategic presence in the North American market for potential business collaboration.
Our People
In ViTrox, we have a group of dynamic and committed workforce who always strive to create the best in class machine vision solution and electronics
communications products.
122
No. of Employees
101
74
53
31
24
15
10
2001
2002
2003
2004
2005
2006
2007
2008
We grow our Company from 10 people in 2001 to 122 people in 2008. Over the years, we have built a solid foundation not only in our core
technologies but also our core values. We successfully created a “second home” for our people, a big family that treat one another with trust and
respect, we work as a team and we take accountability for every decision we make at every level. We always strive to do our best to add value to
our customers and our organization. We treat everyone fairly and we are flexible in dealing with changes. Many things have changed and improved
over the years to bring us to who we are today, but there is one thing that has never changed, it is our passion to be a world leading technology
company from Malaysia in providing world class machine vision solution and electronics communication systems. In spite of the economic turmoil,
we continue to invest in our people by providing necessary trainings and tools for them to do their job more efficiently.
It has also been a year filled with numerous awards. We were ranked 6th in the 2008 Top 100 KPMG Shareholder Value Awards based on the highest
Economic Profit over Invested Capital amongst all the public listed companies in Malaysia. At the same time, we have been awarded the Golden
Bull Hall of Fame 2008 Award and the Malaysia HR Award 2008-2009 under the SMI category. We are especially proud to receive the Malaysia HR
award this year because the award is a very good testimonial to demonstrate our commitment in continuous learning, training and HR development
and a recognition of HR as strategic resource in the growth of our company.
On behalf of the management team, I wish to thank the Board, our customers, shareholders, business associates and relevant governmental
authorities who have helped us one way or another in 2008. I look forward to your continued support as we venture into new and exciting journey
in the year ahead.
I would like to personally thank my entire team, who are passionate, dedicated and committed to their job and the company. I feel so fortunate
that we are able to work hand in hand as ONE team to build up the business from very humble beginnings. I look forward to working with you again
for many many years to come and together we build a long lasting world leading machine vision and electronics communication system company
in the near future.
Chu Jenn Weng
Managing Director
28 April 2009
