VITASOY INT'L二零二三/二零二四年中期报告

During the interim period, we made significant improvements in ourstructural profitability. Looking ahead, we will continue our disciplinedfocus on our fundamentals, execution and expansion, complementedby selective innovation, to attain long-term improvements in revenueand profitability. 於中期期間，我們的結構性盈利能力大幅改善。展望未來，我們將繼續嚴格專注於基本因素、執行力及擴充，並輔以具選擇性的創新，以長期改善收入及盈利能力。 Contents目錄 Directors and Corporate Information董事及集團資料 Financial Highlights財務摘要 Management Report管理層報告 Corporate Responsibility企業責任 Consolidated Statement of Profit or Loss綜合損益表 Consolidated Statement of Profit or Lossand Other Comprehensive Income綜合損益及其他全面收益表 Consolidated Statement of Financial Position綜合財務狀況表 Consolidated Statement of Changes in Equity綜合權益變動表 Condensed Consolidated Cash Flow Statement簡明綜合現金流量表 Notes to the Unaudited Interim Financial Report未經審核中期財務報告附註 Additional Information Provided in Accordancewith the Main Board Listing Rules根據主板上市規則所需提供之額外資料 Review Report審閱報告 Directors and Corporate Information董事及集團資料 董事會 Board of Directors 執行主席羅友禮先生 Executive ChairmanMr. Winston Yau-lai LO 獨立非執行董事 Independent Non-executive Directors 李國寶爵士Jan P. S. ERLUND先生黎定基先生Paul Jeremy BROUGH先生鍾志平博士 Dr. the Hon. Sir David Kwok-po LIMr. Jan P. S. ERLUNDMr. Anthony John Liddell NIGHTINGALEMr. Paul Jeremy BROUGHDr. Roy Chi-ping CHUNG 非執行董事羅慕玲女士羅德承先生羅其美女士（副主席） Non-executive Directors Ms. Yvonne Mo-ling LOMr. Peter Tak-shing LOMs. May LO(Deputy Chairman) 執行董事陸博濤先生（集團行政總裁）黎中山先生 Executive DirectorsMr. Roberto GUIDETTI(Group Chief Executive Officer)Mr. Eugene LYE Group Chief Financial OfficerMs. Ian Hong NG 集團首席財務總監吳茵虹女士 公司秘書蘇漪筠女士 Company SecretaryMs. Carrie Yee-kwan SO Registered OfficeNo. 1 Kin Wong Street, Tuen Mun,New Territories, Hong Kong 註冊辦事處香港新界屯門建旺街一號 Auditors 核數師 畢馬威會計師事務所於《會計及財務匯報局條例》下的註冊公眾利益實體核數師 KPMGPublic Interest Entity Auditor registered in accordance with theAccounting and Financial Reporting Council Ordinance Directors and Corporate Information董事及集團資料 Principal Bankers 主要來往銀行 東亞銀行有限公司香港上海滙豐銀行有限公司招商銀行股份有限公司花旗銀行中國銀行股份有限公司法國巴黎銀行西太平洋銀行 The Bank of East Asia, LimitedThe Hongkong and Shanghai Banking Corporation LimitedChina Merchants Bank Company, Ltd.Citibank, N.A.Bank of China LimitedBNP ParibasWestpac Banking Corporation Share Registrar 股份過戶登記處 香港中央證券登記有限公司香港灣仔皇后大道東183號合和中心46樓 Computershare Hong Kong Investor Services Limited46/F., Hopewell Centre, 183 Queen’s Road East,Wanchai, Hong Kong Investor Relations ContactTel: (852) 2468 9272Fax: (852) 2465 1008Email: ir@vitasoy.com 投資者關係聯絡 電話：(852) 2468 9272傳真：(852) 2465 1008電郵：ir@vitasoy.com 重要日期 Key Dates 暫停辦理股份過戶登記二零二三年十二月七日（星期四） Closure of Register of Members7th December 2023 (Thursday) Interim Dividend Payable20th December 2023 (Wednesday) 派發中期股息二零二三年十二月二十日（星期三） Financial Highlights財務摘要 Management Report管理層報告 Duringthe interim period,we madesignificant improvements in our structuralprofitability.Looking ahead,we willcontinueour disciplined focus on ourfundamentals, execution and expansion,complemented by selective innovation, toattain long-term improvements in revenueand profitability. 於中期期間，我們的結構性盈利能力大幅改善。展望未來，我們將繼續嚴格專注於基本因素、執行力及擴充，並輔以具選擇性的創新，以長期改善收入及盈利能力。 Mr. Roberto GUIDETTI陸博濤先生 Executive Directorand Group Chief Executive Officer執行董事暨集團行政總裁 業務摘要 Business Highlights 於二零二三╱二零二四財政年度中期期間（「中期期間」），儘管原材料成本持續高企，我們不斷努力改善結構性盈利能力。以港幣計算，中期期間收入下跌7%，但本集團的毛利率仍由47.7%上 升 至50.5%。本 公 司 股 權 持 有 人應佔溢利亦增加15%。 During the interim period of the financial year 2023/2024(“interim period”), we continued to structurally improve ourprofitability despite continuing high raw material costs. In HongKong Dollar terms, the Group’s gross profit margin increasedfrom 47.7% to 50.5% despite revenues falling by 7% in theinterim period. Profit attributable to equity shareholders of theCompany increased by 15%. 以固定匯率計算，收入在去年相對較高的基數 下 減 少 了3%，主 要 由 於 中 國 內 地 客 戶 預期二零二二年十月價格上漲，而提早在二零二二年九月下達訂單。撇除匯率影響及於去年中期期間所獲得的2019冠狀病毒病疫情相關政府補貼港幣59,000,000元後，經營溢利及本公司股權持有人應佔溢利分別增加15%及99%。該增幅主要是我們在中國內地調整架構開支及香港業務表現穩健所致，惟部分增幅被澳洲的短期挑戰所抵銷。 On a constant currency basis, revenue dropped 3% from arelatively high base last year due to Mainland China customersplacing advanced orders in September 2022 ahead of ananticipated price increase in October 2022. Profit fromoperations and profit attributable to equity shareholders of theCompany, net of currency impact and excluding COVID-19-related government subsidies of HK$59 million received in theprevious interim period, increased by 15% and 99% respectively.The increase was primarily due to rightsizing our Mainland Chinaorganisational spending and the solid performance of the HongKong Operation, but partially offset by short-term challenges inAustralia. 中國內地為溢利增長的主要動力，由於中期期 間 重 整 組 織 架 構 以 及 有 效 分 配 開 支 和 控制經營成本，經營溢利以當地貨幣計算錄得44%增長（以港幣計算：36%），相當於經營溢利率10%。如上文所述，中國內地客戶於二零二二年十月價格上漲前提早在二零二二年九月下達訂單，從而令去年第二季度的基數較高，因此，來自中國內地的收入以當地貨幣計算下跌6%（以港幣計算：11%）。人民幣貶值亦影響以港幣計算的呈報收入。 Mainland China was the main profit driver, with profit fromoperations recording a growth of