There can be possible hiccups because of implementation of a new tool/ migration from an old tool for example Order processing, inventory management, CRM, Pricing and quotes, lead management etc need to be integrated properly for the company to function smoothly, issues with any of these can hamper the production and sales.
The growth was based on the assumption that Covid is the last bad thing that is going to happen in the foreseeable future , which wasn’t the case because of Russia Ukraine war. Now, Carysil USP was Quartz sink, the major market for which was Europe and America. Now that they are fighting recession and the housing market is on a slump, the projections got trimmed and they also introduced a different business line to focus more on the domestic market instead. So, I believe things will remain slow as long as the world economy doesn’t recover, which by the looks of it is here to stay for a long time.
At least this is what my take on Carysil is so far. It might very well be the case that they are underperforming because of lack of competence and has nothing to do with all the reasons I mentioned.
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