Vitasoy Int'l Limited released its annual report for the year ended March 31, 2024. The report shows that the company's pre-tax profit is HKD 0.1166 billion and the revenue is HKD 6.2173 billion. The board of directors proposes the final dividend, details of which are set out in note 25(b). During the year, the company issued new shares under share option schemes and share award plans, details of which are set out in note 25(c). During the reporting period, the company did not enter into or have any agreements related to equity. The company did not disclose the sales or purchase percentage of its major customers or suppliers. In terms of corporate governance, the company complies with relevant laws and regulations...Show More

Vitasoy Int'l Limited released its annual report for the year ended March 31, 2024. The report shows that the company's pre-tax profit is HKD 0.1166 billion and the revenue is HKD 6.2173 billion. The board of directors proposes the final dividend, details of which are set out in note 25(b). During the year, the company issued new shares under share option schemes and share award plans, details of which are set out in note 25(c). During the reporting period, the company did not enter into or have any agreements related to equity. The company did not disclose the sales or purchase percentage of its major customers or suppliers. In terms of corporate governance, the company complies with relevant laws and regulations, and has adopted policies for shareholder communication and participation. The company has established a structured risk management framework. Details of the contributions to a defined contribution retirement plan and other employee-related expenses are set out in note 6(b). Current and deferred tax expenses are reconciled to the applicable tax rate accounting profit, details of which are set out in note 6. The company operates four reportable segments, details of which are set out in note 3(b), including performance and geographic information. Details of the cost, depreciation, and impairment loss of property, plant and equipment are set out in note 11, specifically recognizing impairment losses and reversals of impairment from previous years. In terms of intangible assets, the company holds intangible assets such as pollution emission rights, brand names and customer lists, and their amortization expenses have been included in administrative expenses, see note 12. Details of the activities and ownership of major subsidiaries are set out in note 14. The remuneration of directors and the highest paid individuals is disclosed in notes 7 and 8, which include salaries, bonuses, contributions to retirement plans, and equity-based payments. Details of other comprehensive income components, including exchange differences translation and cash flow hedges, are set out in note 9. The company's lease commitments and the use of right-of-use assets are discussed, and the summary of future lease payments under extension options is set out in note 11(b). Details of the fair value of investment property and related government subsidies are set out in note 11(d).