For the six months ended September 30, 2024, Vitasoy Int'l recorded revenue of 3443 million Hong Kong dollars, a 2% year-on-year increase; gross margin improved to 51.6%. Operating profit significantly increased by 50% to 257 million Hong Kong dollars, mainly contributed by the business in China Mainland and Hong Kong. Profit after tax was 176 million Hong Kong dollars, a 6% year-on-year increase. The board of directors declared an interim dividend of 4.0 Hong Kong cents per ordinary share. Management highlighted that revenue growth was driven by lower raw material prices and production process optimization. Operating profit in China Mainland increased by 15%, while operating profit in Hong Kong grew by 44%. Income growth resumed in the Australia and New Zealand markets, and there was an increase...Show More

For the six months ended September 30, 2024, Vitasoy Int'l recorded revenue of 3443 million Hong Kong dollars, a 2% year-on-year increase; gross margin improved to 51.6%. Operating profit significantly increased by 50% to 257 million Hong Kong dollars, mainly contributed by the business in China Mainland and Hong Kong. Profit after tax was 176 million Hong Kong dollars, a 6% year-on-year increase. The board of directors declared an interim dividend of 4.0 Hong Kong cents per ordinary share. Management highlighted that revenue growth was driven by lower raw material prices and production process optimization. Operating profit in China Mainland increased by 15%, while operating profit in Hong Kong grew by 44%. Income growth resumed in the Australia and New Zealand markets, and there was an increase in revenue from the tofu business in Singapore. Cash and bank deposits increased to 935 million Hong Kong dollars, demonstrating a solid financial position. Looking ahead, Vitasoy Int'l will continue to drive product innovation and market expansion, while rigorously controlling costs to maintain profitability. Management is confident in the long-term potential of various markets, especially in China Mainland and Hong Kong markets. The company will further enhance brand value and market influence to support future growth.