中国旺旺2023/2024 中期报告

Corporate Information2Financial Highlights5Management Discussion and Analysis6Independent Review Report20Interim Condensed Consolidated Balance Sheet21Interim Condensed Consolidated Income Statement23Interim Condensed Consolidated Statement of Comprehensive Income24Interim Condensed Consolidated Statement of Changes in Equity25Interim Condensed Consolidated Statement of Cash Flows27Notes to the Interim Condensed Consolidated Financial Information29Other Information55 The English text of this interim report shall prevail over the Chinese text in case of any inconsistency. 公司法定名稱 LEGAL NAME OF THE COMPANY Want Want China Holdings Limited 上市地點及代號0151 PLACE OF LISTING AND TRADING CODE The Stock Exchange of Hong Kong LimitedStock code: 0151 DIRECTORS 董事 Executive Directors Mr. Tsai Eng-Meng(Chairman and Chief Executive Officer)Mr. Tsai Shao-ChungMr. Tsai Wang-Chia(Chief Operating Officer)Mr. Huang Yung-Sung(Chief Marketing Officer)Mr. Chu Chi-Wen(Chief Financial Officer)Mr. Tsai Ming-HuiMs. Lai Hong Yee Non-executive Directors 2023822槇 Mr. Liao Ching-Tsun(retired upon the conclusion ofannual general meeting held on 22 August 2023)Mr. Maki HaruoMr. Cheng Wen-Hsien Independent non-executive Directors Dr. Pei KerweiMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella COMPANY SECRETARY 公司秘書 Ms. Lai Hong Yee 審核及風險管理委員會 AUDIT AND RISK MANAGEMENT COMMITTEE Mr. Lee Kwok Ming(Chairman)Dr. Pei KerweiMr. Hsieh Tien-JenMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella 薪酬委員會 REMUNERATION COMMITTEE Mr. Hsieh Tien-Jen(Chairman)Dr. Pei KerweiMr. Tsai Shao-ChungMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella NOMINATION COMMITTEE 提名委員會 Dr. Pei Kerwei(Chairman)Mr. Tsai Shao-ChungMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella STRATEGY COMMITTEE 策略委員會 2023822 Mr. Tsai Eng-Meng(Chairman)Mr. Liao Ching-Tsun(retired upon the conclusion ofannual general meeting held on 22 August 2023)Mr. Tsai Shao-ChungMr. Tsai Wang-ChiaMr. Huang Yung-SungMr. Chu Chi-WenMr. Tsai Ming-HuiMs. Lai Hong YeeDr. Pei KerweiMr. Hsieh Tien-JenMr. Lee Kwok MingMr. Pan Chih-ChiangMrs. Kong Ho Pui King, Stella 環境、社會及治理委員會（「ESG委員會」） ENVIRONMENTAL, SOCIAL AND GOVERNANCECOMMITTEE (“ESG COMMITTEE”) Mr. Tsai Wang-Chia(Chairman)Mr. Chu Chi-WenDr. Pei KerweiMr. Lee Kwok MingMrs. Kong Ho Pui King, StellaMs. Cao Yong-MeiMr. Chen Chien-ChenMr. Yu Ching LunMr. Lee Ming-Chun AUDITOR 核數師 Ernst & YoungCertified Public AccountantsRegistered Public Interest Entity Auditor 法律顧問 LEGAL ADVISOR • Sullivan & Cromwell (Hong Kong) LLP 主要往來銀行 PRINCIPAL BANKS Bank of China (Hong Kong) LimitedChina Merchants Bank Co., LimitedCitigroup Inc.CTBC Bank Co., Ltd, Hong Kong Branch AUTHORISED REPRESENTATIVES 法定代表 Mr. Chu Chi-WenMs. Lai Hong Yee 股份過戶登記處 SHARE REGISTRAR AND TRANSFER OFFICE Principal Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Hong Kong Branch 1831717121716 Computershare Hong Kong Investor Services LimitedShops 1712-1716, 17th Floor, Hopewell Centre183 Queen’s Road East, WanchaiHong Kong REGISTERED OFFICE 註冊辦事處 Maples Corporate Services LimitedP.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands Maples Corporate Services LimitedP.O. Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 主要營業地點及總部地址 PRINCIPAL PLACE OF BUSINESS ANDADDRESS OF HEADQUARTERS Units 07-08, 7th Floor, FTLife TowerNo. 18 Sheung Yuet Road, Kowloon BayKowloon, Hong Kong 18707-08 400 Orchard Road#17-05 Orchard TowersSingapore 238875 400 Orchard Road#17-05 Orchard TowersSingapore 238875 WEBSITE 網址 www.want-want.com www.want-want.com QUICK RESPONSE CODE (1)The calculation of inventory and trade payables turnover days is based onthe average of the opening and closing balances divided by cost of sales andmultiplied by 180 days. SUMMARY 概覽 20234.1%112.74820237.1%52023 In the first half of 2023FY, the Group’s total revenue grew by 4.1% year-on-year to RMB11,274.8 million. The revenue of the dairy products andbeverages segment grew by 7.1% year-on-year in the first half of 2023FY,driven by the growth in sales volume. Revenue of core brand rice crackersand candies reached new record highs in the first half of the financialyears. Overseas markets recorded a high-teen revenue growth rate.Benefiting from continuous product innovation and investment in researchand development (“R&D”), new products launched by the Group over thepast five years contributed a near double-digit percentage of the Group’srevenue in the first half of 2023FY. 20232.445.2%0.326.2%202319.5%24.7568.5%17.3220.715.4% Gross profit margin for the first half of 2023FY increased by 2.4 percentagepoints year-on-year to 45.2%, mainly due to the continuous optimisa