优品3602024中期报告

CORPORATE INFORMATION BOARD OF DIRECTORS Executive directors Mr. Li Guanpeng(Chairman)Mr. Hui Chi Kwan(Chief Executive Officer)(appointed with effect from 12 April 2024)Ms. Cui QianMr. Lu RongMr. Liu YunfengMr. Huang ShengchaoMs. Wang KanglinMr. Lin Tsz FungMs. Hui Ngai Fan(resigned with effect from 12 April 2024) BBS JPBBS JPJP Independent non-executive directors Mr. Sze IronsBBS JPMs. Choy So YukBBS JPMs. Chan Yuen Sau KellyJPMr. Gao Wei COMPANY SECRETARYMs. Chan Ka Lai AUTHORISED REPRESENTATIVESMr. Li GuanpengMs. Chan Ka Lai JPBBS JPBBS JP AUDIT COMMITTEEMs. Chan Yuen Sau KellyJP (Chairman)Mr. Sze IronsBBS JPMs. Choy So YukBBS JP BBS JPBBS JP REMUNERATION COMMITTEE Mr. Sze IronsBBS JP (Chairman)Ms. Choy So YukBBS JPMr. Lu Rong JP NOMINATION COMMITTEE Mr. Li Guanpeng(Chairman)Mr. Gao WeiMs. Chan Yuen Sau KellyJP REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1–1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1–1111Cayman Islands CORPORATE INFORMATION PRINCIPAL PLACE OF BUSINESS IN HONG KONG 10811 11th Floor, C-Bons International CenterNo. 108 Wai Yip StreetKowloon, Hong Kong INDEPENDENT AUDITORSHINEWING (HK) CPA LimitedCertified Public Accountants • LEGAL ADVISERBaker & McKenzie PRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICE IN THE CAYMAN ISLANDS Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1–1111Cayman Islands Conyers Trust Company (Cayman) LimitedCricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1–1111Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 18317M Computershare Hong Kong Investor Services Limited17M FloorHopewell Centre183 Queen’s Road East, WanchaiHong Kong PRINCIPAL BANKERS Hang Seng Bank LimitedStandard Chartered Bank (Hong Kong) LimitedHong Kong and Shanghai Banking Corporation LimitedBank of China LimitedChina Construction Bank (Asia) Corporation LimitedDBS Bank (Hong Kong) LimitedDah Sing Banking Group Limited 2360 STOCK CODE2360 www.bestmart360.com COMPANY WEBSITEwww.bestmart360.com MANAGEMENT DISCUSSION AND ANALYSIS 3 6 0360FoodVille(i)(ii)(iii)(iv)(v)(vi)(vii)(viii)(ix) Best Mart 360 Holdings Limited (the “Company”), togetherwith its subsidiaries (collectively referred to as the “Group”),is a leisure food retailer operating chain retail stores under thebrands “Best Mart 360” and “FoodVille” in the Hong KongSpecial Administrative Region (“Hong Kong”), the Macau SpecialAdministrative Region (“Macau”) and the Mainland of the People’sRepublic of China (the “Mainland China”) and wholesaling inHong Kong. The Group offers a wide selection of imported pre-packaged leisure foods and other grocery products principally fromoverseas, which can be broadly categorised into (i) chocolatesand confectioneries; (ii) nuts and dried fruits; (iii) packaged bakeryproducts and snacks; (iv) biscuits and pastries; (v) cereals and milk;(vi) beverages and wine; (vii) rice, noodles and groceries; (viii) frozenand chilled food; and (ix) other products, such as personal careproducts, daily items and anti-epidemic products. It is the Group’sbusiness objective to offer “Best Quality” and “Best Price” productsto customers through continuous efforts on global procurement,with a mission to provide a comfortable shopping environment anda pleasurable shopping experience to customers. As disclosed in the announcement of the Company dated 5September 2023, the board (the “Board”) of directors (the“Directors”) of the Company resolved to change the financialyear end date of the Company from 31 March to 31 December.Accordingly, the current unaudited interim condensed consolidatedfinancial statements of the Company covered a six-month periodfrom 1 January 2024 to 30 June 2024 and the correspondingcomparative figures covered a six-month period from 1 April 2023to 30 September 2023. As a result, the comparative figures maynot be fully comparable with the figures shown for the period. BUSINESS REVIEW 2,10064%1,914.546.6% For the six months ended 30 June 2024 (the “Period underReview”), the local and global economies maintained a modestrecovery, and the business environment and consumer sentimentcontinued to improve. According to the visitor arrival statisticsreleased by the Hong Kong Tourism Board, visitor arrivals from1 January to 30 June 2024 reached more than approximately21.0 million, representing an increase of approximately 64% ascompared to 1 January to 30 June 2023. However, in the “post-epidemic era”, the change in people’s consumption habits, coupledwith the resumption of post-epidemic outbound travel of HongKong people, and their enthusiasm for consumption northbound,have affected the performance of the local retail market. Accordingto the Census and Statistics Department, the value of total retailsales in Hong Kong for the first half of 2024 was provisionallyestimated at approximately HK$191.454 billion as of 30 June 2024,representing a year-