I would like to express my gratitude to the Almighty Allah for his blessings to present before you the Annual Report 2023. The Annual Report will enable our shareholders and other readers to get a sound insight into our business and performance for the year 2023 and our forward outlook.
It's great pleasure to place my view point in the Annual General Meeting (AGM) being the leader in the charge of the company, convince the member of the operational management team, relevant employees and producers as like as a "Team Works" to go ahead for making all out efforts in procuring business successfully during the year-2023.
From the beginning of the year, we tied with our plans, to progress business growth economically and profitably by accomplishing responsible work socially and keeping lime environment by implementing our policies and technology in the interest of the company. Professionalism and quality service track indicates clients' confidence and market image of the company. We have 40 active branches and those are able to underwrite the insurance policy from any districts because our technology permits us for this wider facility. By this time, the company is able to create market image and goodwill in the industry.
The confidence level of our business partners and clients is very high on the company's operations. Business growth of the company is optimistic compared to previous year-2022. All of you know how severe the competition is in a small market like ours. Due to our market research, effective business model, sincerity, hard work, transparency, corporate governance culture and accountability, we have been able to bring an outstanding brand image in the market.
Therefore, this year has been recognized as a great successful year of Crystal Insurance PLC. In this happy moment, I express my heartfelt thanks and gratitude to all our valued clients, business partners, all our regulatory bodies, honorable Members of the Board for giving me the opportunity to lead the operations of the company with their marvelous support.