南顺(香港)2024年报

CORPORATE INFORMATION公司資料 Board of Directors 董事會 KWEK Leng Hai(Chairman)*CHIU Chao Hsiang, James(Chief Executive Officer)**Christian K. NOTHHAFT*WHANG Sun Tze,Ph.D.*LO Kai Yiu, Anthony#Lester G. HUANG,SBS, JP#HO Yuk Wai, Joan# ***Christian K. NOTHHAFT**### ***# **Executive director*Non-executive director#Independent non-executive director 董會 Board Audit and Risk ManagementCommittee LO Kai Yiu, Anthony(Chairman)Lester G. HUANG,SBS, JPHO Yuk Wai, Joan 董事會薪酬委員會 Board Remuneration Committee Lester G. HUANG,SBS, JP (Chairman)KWEK Leng HaiLO Kai Yiu, Anthony 董事會提名委員會 Board Nomination Committee KWEK Leng Hai(Chairman)LO Kai Yiu, AnthonyHO Yuk Wai, Joan 首席財務總監 Chief Financial Officer TSANG Chin Hung, Fanny 公司秘書 Company Secretary CHENG Man Ying Principal Banker 主要往來銀行 The Hongkong and Shanghai Banking Corporation Limited CORPORATE INFORMATION公司資料 核數師 Auditors KPMGCertified Public AccountantsPublic Interest Entity Auditor registered in accordance with theAccounting and Financial Reporting Council Ordinance 註冊成立地點 Place of Incorporation Hong Kong Registered Office 註冊辦事處 21 21 Dai Fu Street, Tai Po Industrial Estate,Tai Po, New Territories, Hong Kong 股份過戶登記處 Share Registrar and Transfer Office 1831717121716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17/F, Hopewell Centre,183 Queen’s Road East, Wanchai, Hong Kong 互聯網網站 Internet Websites 南順香港集團https://www.lamsoon.com Lam Soon Hong Kong Grouphttps://www.lamsoon.com 家居護理業務https://www.axe.com.hk Home Care Businesshttps://www.axe.com.hk Edible Oil Businesshttps://www.lamsoonoil.comhttps://www.haomama.com 食用油脂業務https://www.lamsoonoil.comhttps://www.haomama.com 麵粉業務 Flour Business https://www.hkflourmills.comhttps://www.gsflour.com https://www.hkflourmills.comhttps://www.gsflour.com Hong Leong Grouphttps://www.hongleong.com 豐隆集團https://www.hongleong.com FINANCIAL HIGHLIGHTS財務摘要 FINANCIAL HIGHLIGHTS財務摘要 CHAIRMAN’S STATEMENT董事會主席報告書 On behalf of the Board of Directors (the “Board”) of Lam Soon(Hong Kong) Limited (the “Company”), I present the annual reportof the Company and its subsidiaries (collectively the “Group”) forthe financial year ended 30 June 2024. FY23/24 marked another challenging year for the Group. Weakermomentum in the Mainland Chinese and Hong Kong economiesweighed on consumer sentiment. The Group stayed focus on ourcore competence and pursued opportunities in premium segmentswhere we have a comparative advantage in terms of brand andquality. While our efforts allowed us to achieve overall volumegrowth in a difficult environment, these gains were offset by ouradoption of competitive pricing strategy and unfavourable foreigncurrency impact, resulting in a decline in overall revenue versuslast year. However, our pursuit of quality growth, combined withlower raw material costs and ongoing cost saving programs, led toa material rebound in profitability. As a result, the Group’s revenuedeclined by 5% to HK$4,838 million, while our profit increased by135% to HK$201 million during the financial year. 5%4,838,000,000135%201,000,000 The Board is pleased to recommend a final dividend of HK$0.27per share at the forthcoming Annual General Meeting. In additionto the interim dividend of HK$0.13 per share paid earlier this year,the total dividend for the year will amount to HK$0.40 per share. 0.270.130.40 策略概述 Strategic Overview CHAIRMAN’S STATEMENT董事會主席報告書 The Group’s Food division has shown significant improvement inprofit this year despite major industry challenges. While the lowerraw material cost of wheat and oil did alleviate some pressure,management remained disciplined in implementing programsto enhance our margins and reduce the impact of commodityprices. In Flour, we remain committed to establish ourselves as thepartner-of-choice in total bakery solutions. We made progress inour efforts to sell premium flour and specialty fats products to ourcustomers, especially in the bakery segment. Our baking centers,located across eight major cities in Mainland China, allowed us todevelop new and tailored products and value-added services toour customers. In Oil, management continues to strengthen ourportfolio with new products and packaging upgrades to enhancethe consumer experience. FY23/24 has also been a fruitful year for the Home Care division.Despite prevailing market conditions and price competition, wemanaged to attain a stable improvement in top- and bottom-lineperformance. Management’s efforts in expanding geographicallyand into new product categories were conducive to incrementalgrowth and margins. The team’s disciplined approach andcontinuous improvement programs helped optimize our cost baseand generate efficiencies across the supply chain. These cost-saving initiatives allowed us to reinvest resources into higher-performing channels and new products. Over the past year, wecontinued to strengthen our sales and R&D capabilities. WithinR&D, we developed closer ties with selected up