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Press Release: Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021

Press Release: Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021

新聞稿:長榮地產2021年上半年營收同比大增近50%至5.5億港元
Dow Jones Newswires ·  2021/08/20 21:52

Press Release: Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021

新聞稿:長榮地產2021年上半年營收同比大增近50%至5.5億港元

Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021

長榮在2021年上半年的收入同比增長近50%,達到5.5億港元

Explosive Growth of 3.5 Times in Net Profit

淨利潤爆發式增長3.5倍

Strong Demand for Hair Extension and Braid Products and Services Following the Stabilized Pandemic

疫情穩定後,對頭髮延伸和編織產品和服務的強勁需求

PR Newswire

美通社

HONG KONG, Aug. 20, 2021

香港,2021年8月20日

Results Highlights

業績亮點

-- Benefitted from the stabilized COVID-19 pandemic, the relaxation of capacity restrictions and the social distancing measures, the demand for human hair extension products and lace products has increased. During the Period, the revenue of the Group amounted to HK$548.9 million, representing a significant increase of HK$180.7 million, or 49.1%, as compared to HK$368.2 million for the corresponding period in 2020. -- During the Period, the Group's gross profit amounted to HK$117.4 million, representing an increase of HK$29.9 million, or 34.1%, as compared to HK$87.5 million for the corresponding period in 2020. The Group's gross profit margin was 21.4%. -- The Group's net profit for the Period was HK$30.8 million, representing an increase of 369.8%, as compared to HK$6.5 million for the corresponding period in 2020. -- As the pandemic gradually eased, people could return to hair salons for hair maintenance and styling, and to retail shops buying hair products, which drive the demand for and hence the sales of human hair extension products and lace products with high margin; meanwhile, the COVID-19 pandemic altered the lifestyle of people such as women of African descent, the primary patrons of African hair braiding salons, turned to the internet to learn how to style and braid their own hair, leading to a strong demand for braid products since the second half of 2020, and the demand continued throughout the rest of the Period. -- The Board has declared the payment of an interim dividend of HK$1.3 cent per Share for the Period, totally approximately HK$8.9 million.

-受益於新冠肺炎疫情的穩定、產能限制的放鬆和社會疏遠措施,人類頭髮延伸產品和花邊產品的需求增加。期內,本集團的收入為5.489億港元,較2020年同期的3.682億港元大幅增加1.807億港元,增幅為49.1%。--期內,集團毛利為1.174億港元,較2020年同期的8,750萬港元增加2,990萬港元,增幅為34.1%。集團毛利率為21.4%。--本集團期內純利為3,080萬港元,較2020年同期的6,500萬港元增長369.8%。-隨着疫情的逐漸緩解,人們可能會回到美髮沙龍進行頭髮保養和造型,以及購買頭髮產品的零售店,這推動了對人類頭髮延伸產品和蕾絲產品的需求,從而推動了高利潤率的銷售;與此同時,新冠肺炎大流行改變了非洲編髮沙龍的主要顧客非洲裔婦女等人的生活方式,他們轉向互聯網學習如何設計和編織自己的頭髮,導致自2020年下半年以來對編髮產品的需求強勁,需求一直持續到2020年下半年--董事會宣佈派發期內中期股息每股1.3港元,總額約890萬港元。

HONG KONG, Aug. 20, 2021 /PRNewswire/ -- Evergreen Products Group Limited (stock code: 1962.HK; "Evergreen", together with its subsidiaries, the "Group"), a global-leading manufacturer of hair goods, announced its unaudited consolidated interim results for the six months ended 30 June 2021 (the "Period").

香港,2021年8月20日/美通社/--全球領先的發製品製造商長榮產品集團有限公司(股份代號:1962.HK;“長榮”及其附屬公司“集團”)公佈截至2021年6月30日止六個月(“期內”)未經審核的綜合中期業績。

Thanks to the rising vaccination rate, the demand for hair products rebounded, driving a significant growth in the Group's business performance as compared to the same period in 2020. The lifting of the capacity restrictions and the social distancing measures in the Group's principal market, the United States, gradually restored the demand for salons and hair products, hence drove the rise of the Group's sales revenue. During the Period, the Group's revenue amounted to HK$548.9 million, representing a significant increase of HK$180.7 million, or 49.1%, as compared to HK$368.2 million for the corresponding period in 2020; the Group's gross profit amounted to HK$117.4 million, representing an increase of HK$29.9 million, or 34.1%, as compared to HK$87.5 million for the corresponding period in 2020. During the Period, the Group's gross profit margin was 21.4%; the Group's net profit for the Period was HK$30.8 million, representing an explosive growth of 369.8%, as compared to HK$6.5 million for the corresponding period in 2020. The Board has declared the payment of an interim dividend of HK$1.3 cent per Share for the Period, totally approximately HK$8.9 million, with the interim dividend payment ratio of 29.0%.

受惠於疫苗接種率上升,頭髮產品需求回升,帶動本集團業務業績較2020年同期大幅增長。隨着本集團主要市場美國的產能限制和社會疏遠措施的取消,美髮沙龍和美髮產品的需求逐漸恢復,從而推動了本集團銷售收入的增長。期內,本集團的收入為5.489億港元,較2020年同期的3.682億港元大幅增加1.807億港元,增幅為49.1%;本集團的毛利為1174百萬港元,較2020年同期的8750萬港元增加299.9百萬港元,增幅為34.1%。期內,本集團的毛利率為21.4%;期內本集團的純利為3,080,000港元,較2020年同期的6,500,000港元爆發式增長369.8%。董事會已宣佈派發期內中期股息每股1.3港元,合共約8.9百萬港元,中期股息支付比率為29.0%。

Sales Revenue Soared with an Expected Robust and Sustainable Demand

銷售收入飆升,預期需求強勁且可持續

The significant increase in sales of braid items, which were one of the popular products, led to an increase of HK$164.0 million or 55.6% in wigs, hair accessories and others from HK$295.2 million for the six months ended 30 June 2020 to HK$459.1 million for the Period.

其中一項受歡迎的產品辮子的銷售大幅增長,令假髮、髮飾及其他產品的銷售額由截至二零二零年六月三十日止六個月的2.952億港元增加至同期的4.591億港元,增幅為1.64億港元或55.6%。

Besides, the sales volume of human hair products increased due the relaxation of the COVID-19 social distancing restrictions. People could return to hair salons for hair maintenance and styling, and to retail shops buying hair products. The market demand for human hair extensions gradually restored. Revenue for high-end human hair extensions, the Group's another principal product segment, increased by HK$16.8 million, or 32.7%, from HK$51.3 million for the six months ended 30 June 2020 to HK$68.0 million for the Period.

此外,由於新冠肺炎社交距離限制的放鬆,人發產品的銷量有所增加。人們可以回到美髮沙龍進行頭髮保養和造型,也可以回到購買美髮產品的零售店。市場對人類髮絲的需求逐漸恢復。本集團另一個主要產品分部高端人類毛髮加長物的收入增加1,680萬港元(或32.7%),由截至2020年6月30日止六個月的5,130萬港元增至同期的6,800萬港元。

Although the sales of Halloween products was struck by the social distancing restrictions, its sales volume only slightly slid from HK$21.8 million for the six months ended June 30 2020 by HK$0.1 million or 0.6% to HK$21.6 million.

雖然萬聖節產品的銷售受到社交距離限制的影響,但其銷售額僅從截至2020年6月30日的6個月的2,180萬港元略有下滑,降幅為10萬港元或0.6%,至2,160萬港元。

"With the increase in vaccination rate and the gradual easing of the COVID-19 pandemic, the Group's business growth proved that we have overcome the challenges brought by the pandemic, our sales and revenue have also got back on track with a steady increase, and the increase in net profit even reached 369.8%." Mr. Chang Yoe Chong Felix, the Chairman, Chief Executive Officer and Executive Director of Evergreen, said, "We believe that as the pandemic is getting more under-controlled, the market demand for braids and human hair products will gradually rebounded and remain high, bringing greater profits to the Group in the future. Looking forward, the Group will keep up with the online shopping trend and grow the E-commerce team, aiming to expand our customer base. We will also focus on our core business, closely monitor the latest development in the industry and adjust our pricing policy as well as develop new product mix to get well prepared for any future opportunities. We will provide customers the most appropriate products and services while create maximum value for our shareholders."

“隨着疫苗接種率的提高和新冠肺炎疫情的逐步緩解,集團的業務增長證明我們克服了疫情帶來的挑戰,我們的銷售額和營收也穩步增長重回正軌,淨利潤增幅甚至達到369.8.”長榮主席、行政總裁兼執行董事張耀忠先生表示:“我們相信,隨着疫情愈來愈失控,市場對辮子及人發產品的需求將會逐步回升並保持高位,為集團未來帶來更大的盈利。展望未來,本集團將緊跟網上購物趨勢,壯大電子商務團隊,以擴大我們的客户羣。我們還將專注於我們的核心業務,密切關注行業的最新發展,調整我們的定價政策,並開發新的產品組合,為未來的任何機會做好準備。我們將為客户提供最合適的產品和服務,同時為股東創造最大價值。“

About Evergreen Products Group Limited (Stock Code: 1962.HK)

長榮物產集團有限公司簡介(股份代號:1962.HK)

Founded in 1962, Evergreen is one of the leading global manufacturers of hair goods. Since its establishment, with in-depth industry knowledge and reputed for its quality products and comprehensive product portfolio, the Group has built up unique competitive advantages in the global hair goods market. Headquartered in Hong Kong, the Group has three production centres and five production centres in China and Bangladesh, respectively. The Group employs more than 25,000 people around the world and operates in Bangladesh, Hong Kong, China, Japan and the United States.

長榮成立於1962年,是全球領先的頭髮產品製造商之一。集團自成立以來,憑藉深厚的行業知識,以優質的產品和全面的產品組合而享譽全球,在全球發製品市場上形成了獨特的競爭優勢。集團總部設在香港,在中國和孟加拉國分別設有三個生產中心和五個生產中心。該集團在世界各地擁有超過2.5萬名員工,業務遍及孟加拉國、中國香港、日本和美國。

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SOURCE Evergreen Products Group Limited

長榮物產集團有限公司

/CONTACT: Melody Ho, melody.ho@jointpr.hk, +852-2155 2300

聯繫人:Melody Ho,melody.ho@jointpr.hk,+852-2155 2300

(END) Dow Jones Newswires

(完)道瓊通訊社

August 20, 2021 09:52 ET (13:52 GMT)

2021年8月20日東部時間09:52(格林尼治標準時間13:52)

譯文內容由第三人軟體翻譯。


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