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
Press Release: Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021
新闻稿：长荣地产2021年上半年营收同比大增近50%至5.5亿港元
Evergreen's Revenue Soared Nearly 50% to HK$550 million YoY for 1H2021
长荣在2021年上半年的收入同比增长近50%，达到5.5亿港元
Explosive Growth of 3.5 Times in Net Profit
净利润爆发式增长3.5倍
Strong Demand for Hair Extension and Braid Products and Services Following the Stabilized Pandemic
疫情稳定后，对头发延伸和编织产品和服务的强劲需求
PR Newswire
美通社
HONG KONG, Aug. 20, 2021
香港，2021年8月20日
Results Highlights
业绩亮点
-- 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.
-受益于新冠肺炎疫情的稳定、产能限制的放松和社会疏远措施，人类头发延伸产品和花边产品的需求增加。期内，本集团的收入为5.489亿港元，较2020年同期的3.682亿港元大幅增加1.807亿港元，增幅为49.1%。--期内，集团毛利为1.174亿港元，较2020年同期的8,750万港元增加2,990万港元，增幅为34.1%。集团毛利率为21.4%。--本集团期内纯利为3,080万港元，较2020年同期的6,500万港元增长369.8%。-随着疫情的逐渐缓解，人们可能会回到美发沙龙进行头发保养和造型，以及购买头发产品的零售店，这推动了对人类头发延伸产品和蕾丝产品的需求，从而推动了高利润率的销售；与此同时，新冠肺炎大流行改变了非洲编发沙龙的主要顾客非洲裔妇女等人的生活方式，他们转向互联网学习如何设计和编织自己的头发，导致自2020年下半年以来对编发产品的需求强劲，需求一直持续到2020年下半年--董事会宣布派发期内中期股息每股1.3港元，总额约890万港元。
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/--全球领先的发制品制造商长荣产品集团有限公司(股份代号：1962.HK；“长荣”及其附属公司“集团”)公布截至2021年6月30日止六个月(“期内”)未经审核的综合中期业绩。
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%.
受惠于疫苗接种率上升，头发产品需求回升，带动本集团业务业绩较2020年同期大幅增长。随着本集团主要市场美国的产能限制和社会疏远措施的取消，美发沙龙和美发产品的需求逐渐恢复，从而推动了本集团销售收入的增长。期内，本集团的收入为5.489亿港元，较2020年同期的3.682亿港元大幅增加1.807亿港元，增幅为49.1%；本集团的毛利为1174百万港元，较2020年同期的8750万港元增加299.9百万港元，增幅为34.1%。期内，本集团的毛利率为21.4%；期内本集团的纯利为3,080,000港元，较2020年同期的6,500,000港元爆发式增长369.8%。董事会已宣布派发期内中期股息每股1.3港元，合共约8.9百万港元，中期股息支付比率为29.0%。
Sales Revenue Soared with an Expected Robust and Sustainable Demand
销售收入飙升，预期需求强劲且可持续
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.
其中一项受欢迎的产品辫子的销售大幅增长，令假发、发饰及其他产品的销售额由截至二零二零年六月三十日止六个月的2.952亿港元增加至同期的4.591亿港元，增幅为1.64亿港元或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，由于新冠肺炎社交距离限制的放松，人发产品的销量有所增加。人们可以回到美发沙龙进行头发保养和造型，也可以回到购买美发产品的零售店。市场对人类发丝的需求逐渐恢复。本集团另一个主要产品分部高端人类毛发加长物的收入增加1,680万港元(或32.7%)，由截至2020年6月30日止六个月的5,130万港元增至同期的6,800万港元。
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.
虽然万圣节产品的销售受到社交距离限制的影响，但其销售额仅从截至2020年6月30日的6个月的2,180万港元略有下滑，降幅为10万港元或0.6%，至2,160万港元。
"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."
“随着疫苗接种率的提高和新冠肺炎疫情的逐步缓解，集团的业务增长证明我们克服了疫情带来的挑战，我们的销售额和营收也稳步增长重回正轨，净利润增幅甚至达到369.8.”长荣主席、行政总裁兼执行董事张耀忠先生表示：“我们相信，随着疫情愈来愈失控，市场对辫子及人发产品的需求将会逐步回升并保持高位，为集团未来带来更大的盈利。展望未来，本集团将紧跟网上购物趋势，壮大电子商务团队，以扩大我们的客户群。我们还将专注于我们的核心业务，密切关注行业的最新发展，调整我们的定价政策，并开发新的产品组合，为未来的任何机会做好准备。我们将为客户提供最合适的产品和服务，同时为股东创造最大价值。“
About Evergreen Products Group Limited (Stock Code: 1962.HK)
长荣物产集团有限公司简介(股份代号：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.
长荣成立于1962年，是全球领先的头发产品制造商之一。集团自成立以来，凭借深厚的行业知识，以优质的产品和全面的产品组合而享誉全球，在全球发制品市场上形成了独特的竞争优势。集团总部设在香港，在中国和孟加拉国分别设有三个生产中心和五个生产中心。该集团在世界各地拥有超过2.5万名员工，业务遍及孟加拉国、中国香港、日本和美国。
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SOURCE Evergreen Products Group Limited
长荣物产集团有限公司
/CONTACT: Melody Ho, melody.ho@jointpr.hk, +852-2155 2300
联系人：Melody Ho，melody.ho@jointpr.hk，+852-2155 2300
(END) Dow Jones Newswires
(完)道琼通讯社
August 20, 2021 09:52 ET (13:52 GMT)
2021年8月20日东部时间09：52(格林尼治标准时间13：52)
译文内容由第三方软件翻译。