IFBH2025年报

IFBH Limited （ 於 新 加 坡 共 和 國 註 冊 成 立 的 有 限 公司 ）股份代號Stock Code : 6603(Incorporated in the Republic of Singapore with limited liability)公司註冊編號Company registration number: 202407593W 2025ANNUAL REPORT年 報 CONTENTS 2Definitions6Corporate Information8Chairman’s Statement14Management Discussion and Analysis35Corporate Governance Report61Biographies of Directors and Senior Management71Directors’ Statement89Independent Auditor’s Report97Consolidated Statement of Profit or Loss98Consolidated Statement of Other Comprehensive Income99Statements of Financial Position101Statements of Changes in Equity104Consolidated Statement of Cash Flow107Notes to the Financial Statements196Financial Summary DEFINITIONS 20256 17a post-IPO share incentive scheme approved by the Shareholderson 17 June 2025 for the grant of options or restricted share unitsto eligible participants2025has the meaning ascribed under the 2025 Share IncentiveSchemethe board of Directors of the Companythe diversity policy concerning the members of the Board whichhas been adopted by the BoardIFBH Limited20242 27IFBH Limited, a company incorporated under the laws ofSingapore with limited liability on 27 February 2024, the Shares ofwhich are listed on the Stock Exchangethe constitution of the Company (as amended from time to time)has the meaning ascribed thereto under the Listing RulesC1the Corporate Governance Code set out in Appendix C1 to theListing Rulesthe director(s) of the CompanyDirector or employee of the GroupGeneral Beverage Co., Ltd.20119 10General Beverage Co., Ltd., a limited liability companyincorporated under the laws of Thailand on 10 September 2011,being one of the Company’s Controlling Shareholdersthe Company and its subsidiariesHong Kong Dollar, the lawful currency of Hong Kong 2025“2025 Share Incentive Scheme” “Awards” “Board” or “Board of Directors” “Board Diversity Policy” “Constitution” “Controlling Shareholder” “Corporate Governance Code” “Employee Participant” “Group”, “we”, “us” or “our” “HK$” or “HKD” Hong Kong Special Administration Region of the PRC202512 3Innovative Food and Beverage (Shanghai) Co., Ltd., a limitedliability company incorporated under the laws of China on 3December 2025, which is a wholly owned subsidiary of theCompanyInnovative Food and Beverage Hong Kong Limited2025729Innovative Food and Beverage Hong Kong Limited, a limitedcompany incorporated under the laws of Hong Kong on 29 July2025, which is a wholly owned subsidiary of the CompanyInnovative Food and Beverage Pte. Ltd.202212 8Innovative Food and Beverage Pte. Ltd., a private companylimited by shares incorporated under the laws of Singapore on8 December 2022, which is a wholly owned subsidiary of theCompanyInnovative Food and Beverage (Thailand) Co., Ltd.2023126Innovative Food and Beverage (Thailand) Co., Ltd., a limitedcompany incorporated under the laws of Thailand on 26 January2023, which is a subsidiary of the CompanyIFRS Accounting StandardsInternational Standards on Auditing20263 2020 March 2026, being the latest practicable date for the purposeof ascertaining certain information contained in this annual reportprior to its publicationListing of Shares on the Main Board of the Stock Exchange20256 3030 June 2025, the date on which the Shares are listed on theStock Exchange the Rules Governing the Listing of Securities on The StockExchange of Hong Kong Limited Singapore Dollar, the lawful currency of SingaporeSingapore Exchange Securities Trading Limitedthe share(s) in the capital of the Companyholder(s) of the Share(s)the Stock Exchange of Hong Kong LimitedThai Baht, the lawful currency of Thailandhas the meaning ascribed under the Listing RulesUnited States Dollar, the lawful currency of the United StatesVitaday Corporation Co., Ltd.20252 24Vitaday Corporation Co., Ltd., a limited liability companyincorporated under the laws of Thailand on 24 February 2025, anassociated corporation of the Company under the SFO “Share(s)” “Stock Exchange” or “SEHK” “US$” or “USD” CORPORATE INFORMATION DIRECTORS Executive DirectorsMr. Pongsakorn PongsakMs. Metaphon PornanektanaMs. Vipada Kanchanasorn Pongsakorn PongsakMetaphon PornanektanaVipada Kanchanasorn Non-executive DirectorMr. Tawat Kitkungvan Tawat Kitkungvan Independent Non-executive DirectorsMr. Thavee Thaveesangsakulthai(Chairman) Thavee ThaveesangsakulthaiSongvilai JiraphothongPathamakorn BuranasinSupansa Kusonpattana Piriyaporn Ms. Songvilai JiraphothongMs. Pathamakorn BuranasinMs. Supansa Kusonpattana Piriyaporn AUDIT COMMITTEE Ms. Songvilai Jiraphothong(Chairman)Mr. Thavee ThaveesangsakulthaiMs. Pathamakorn Buranasin Songvilai JiraphothongThavee ThaveesangsakulthaiPathamakorn Buranasin REMUNERATION AND APPRAISAL COMMITTEE Ms. Pathamakorn Buranasin(Chairman)Mr. Thavee ThaveesangsakulthaiMs. Songvilai Jiraphothong Pathamakorn BuranasinThavee ThaveesangsakulthaiSongvilai Jiraphothong NOMINATION COMMITTEE Mr. Thavee Thaveesangsakulthai(Chairman)Ms. Pathamakorn BuranasinMs. So