Evaluation of Financial and Operating Performance of Floriculture Firms in Ethiopia
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Date
2009-06
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Addis Ababa University
Abstract
This project tries to look at the financial and operating performance of floriculture firms
in Ethiopia. Further, it assesses the current export performance of the industry. In order
to address the above broad objective, secondary data in the form of business reports, and
financial statements were collected.Moreover, primary data using unstructured
interviews were collected from the floriculture firms and Ethiopian horticulture
producers and exporters association to support the secoundary data analysis.With the
aforesaid data, different types of ratios such as profitablity, capital structure ,and
liqudity ratios
had developed to evaluate the performance of the firms under
consideration.
According to the findings presented in chapter four, floriculture industry is showing a
remarkable export performance for the last five years. However, the unit prices of stem
show a decline from period to period. In the same token, selected flower firms had more
ability of paying their debt in the year 2007 and 2008 than previous years.
Finally, searching new market, creating awareness in domestic market, training for
grower, exporters and retailers are among the recommendations given
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Keywords
Performance of floriculture firms in ethiopia