香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致 的任何損失承擔任何責任。 Ritamix Global Limited 利 特 米 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1936） 截至二零二二年十二月三十一日止財政年度 之年度業績公告 利特米有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈本公司及其附屬公司（統稱為 「本集團」）截至二零二二年十二月三十一日止財政年度之經審核綜合業績，連同截至二零 二一年十二月三十一日止財政年度的相關比較數字如下： ...

Financial Performance - Revenue for the six months ended June 30, 2022, was RM 72,044,000, representing a 27% increase from RM 56,772,000 in the same period of 2021[7] - Gross profit for the same period was RM 17,816,000, up 33% from RM 13,382,000 in 2021[7] - Profit before tax increased to RM 9,726,000, a 19% rise compared to RM 8,164,000 in the previous year[7] - Net profit attributable to equity holders for the period was RM 6,425,000, which is a 10% increase from RM 5,829,000 in 2021[7] - Total comprehensive income for the period was RM 7,207,000, compared to RM 6,791,000 in the same period last year, reflecting a 6% increase[7] - Total revenue for the animal feed additives segment was 55,584 thousand MYR, while the human food ingredients segment generated 16,460 thousand MYR, leading to a total revenue of 72,044 thousand MYR[38] - The distribution revenue reached 51,697 thousand MYR, up from 40,262 thousand MYR in the previous year, marking a growth of 28%[62] - The production revenue also increased to 20,347 thousand MYR from 16,510 thousand MYR, which is a growth of 23%[62] - The gross profit for the six months ended June 30, 2022, was 13,382 thousand MYR, compared to 10,109 thousand MYR in the same period of 2021, indicating a growth of 32%[62] Assets and Liabilities - Current assets as of June 30, 2022, amounted to RM 129,525,000, an increase from RM 122,451,000 at the end of 2021[9] - Total assets less current liabilities stood at RM 148,498,000, up from RM 141,326,000 at the end of 2021[9] - The company’s total equity as of June 30, 2022, was RM 147,891,000, compared to RM 140,684,000 at the end of 2021[9] - As of June 30, 2022, total trade receivables amounted to 33,784 thousand MYR, an increase from 26,909 thousand MYR as of December 31, 2021, representing a growth of approximately 25.5%[76][83] - The company’s total liabilities decreased from 12,153 thousand MYR as of December 31, 2021, to 10,859 thousand MYR as of June 30, 2022, indicating a reduction of about 10.7%[86] Cash Flow - Cash and cash equivalents increased significantly to RM 22,933,000 from RM 11,666,000 at the end of 2021[9] - Operating cash flow before changes in working capital increased to 13,542 thousand MYR, up from 8,996 thousand MYR, indicating a growth of approximately 50.3%[17] - The net cash generated from operating activities was 7,534 thousand MYR, a decrease from 9,760 thousand MYR, reflecting a decline of about 22.5%[17] - The company experienced a significant increase in cash and cash equivalents, rising to 22,933 thousand MYR at the end of the reporting period from 11,666 thousand MYR at the beginning, marking an increase of approximately 96.5%[19] Expenses - The total administrative and other operating expenses were 6,516 thousand MYR, which is an increase from the previous year's 5,042 thousand MYR[47] - The effective tax expense for the period was 3,301 thousand MYR, up from 2,335 thousand MYR in the previous year, reflecting an increase of 41%[67] - The financing costs for the period were 18 thousand MYR, a slight increase from 24 thousand MYR in the previous year[48] - The depreciation for the period was approximately 912 thousand MYR, compared to 751 thousand MYR in the same period of 2021[65] Shareholder Information - As of June 30, 2022, the company had 472,000,000 issued and fully paid shares, down from 500,000,000 at the beginning of the year, following the cancellation of 28,000,000 shares[92] - The major shareholders collectively control 337.5 million shares, representing 71.5% of the company's total issued share capital[162] - Garry-Worth Investment Limited is the beneficial owner of 337.5 million shares, with a 53.37% interest held by the chairman and executive director[163] - The company has adopted a share option scheme allowing the board to grant options to qualified individuals, with a total of 50,000,000 shares available for issuance, representing approximately 10.6% of the total issued share capital as of June 30, 2022[172][176] Corporate Governance - The board of directors confirmed compliance with the standards set out in the corporate governance code during the six months ending June 30, 2022[178][179] - The company has established an audit committee to oversee financial reporting and internal controls, consisting of three independent non-executive directors[182] - The chairman and CEO roles are held by the same individual, which the board believes is appropriate under the current circumstances[179] Future Plans and Investments - The company plans to gradually utilize the net proceeds to strengthen its business growth following Malaysia's transition to an endemic phase of COVID-19 on April 1, 2022[160] - The company has established a centralized enterprise resource planning system with an investment of $3.7 million, completed by December 31, 2022[159] - The company has allocated $1.7 million for sales and marketing activities, with $1.6 million yet to be utilized[159] - The company has set up new testing laboratories with an investment of $3.5 million, completed by June 30, 2023[159]

Financial Performance - The company's revenue increased by approximately 3.7% from about MYR 115.9 million in the previous fiscal year to approximately MYR 120.1 million in the current fiscal year[20] - Profit for the fiscal years ended December 31, 2020, and December 31, 2021, was approximately MYR 8.5 million and MYR 11.8 million, respectively[22] - Earnings per share for the fiscal years ended December 31, 2020, and December 31, 2021, were approximately MYR 0.0186 and MYR 0.0241, respectively[22] - The group's revenue increased by approximately 3.7% from about 115.9 million MYR in the year ended December 31, 2020, to approximately 120.1 million MYR in the current fiscal year[28] - The group's profit for the year was approximately 11.8 million MYR, compared to approximately 8.5 million MYR in the previous year, with earnings per share increasing from approximately 1.86 MYR to about 2.41 MYR[38] Business Strategy and Operations - The company plans to explore various business opportunities to promote growth in response to market conditions[18] - The company focuses on adjusting pricing and emphasizing higher-margin products to maintain revenue growth[18] - The distribution segment was only slightly affected by COVID-19, while the production segment faced operational disruptions due to global supply chain issues[20] - The company implemented strict COVID-19 preventive measures, including mandatory testing and frequent disinfection of facilities[19] - The group is actively exploring opportunities in Malaysia and overseas as it adapts to the new normal post-COVID-19[24] Revenue Segmentation - The manufacturing segment's revenue decreased by about 5.8% from approximately 39.1 million MYR to approximately 36.8 million MYR due to intensified market competition and supply chain issues caused by COVID-19[29] - The distribution segment's revenue increased by approximately 8.5% from about 76.8 million MYR to approximately 83.4 million MYR, primarily due to an increase in sales of tea by about 4.4 million MYR[30] Expenses and Costs - Administrative and other operating expenses increased from approximately 9.8 million MYR to approximately 11.4 million MYR, mainly due to product registration fees, employee costs, and professional consulting fees[36] - Financing costs recorded were approximately 31,000 MYR and approximately 50,000 MYR for the years ended December 31, 2021, and 2020, respectively[37] Liquidity and Financial Position - The current ratio was reported at 10.8, while the quick ratio was at 6.8, indicating a strong liquidity position[39] - The group did not recommend a final dividend for the current fiscal year, consistent with the previous year[47] Investments and Assets - The total assets measured at fair value through profit or loss amounted to 43,336,000 MYR as of December 31, 2021, compared to 53,074,000 MYR in the previous year[53] - The significant investments included Affin Hwang Aiiman Money Market Fund with a fair value of 19,210,000 MYR, and Affin Hwang Selected Bond Fund with a fair value of 20,219,000 MYR, reflecting a 27% return[53] - The company made a strategic investment of 1.0 million USD (approximately 7.8 million HKD) to acquire a 6.67% stake in VetCell International Limited, focusing on long-term strategic purposes[56] - The group has a capital commitment of 25,500,000 RMB (approximately 16,641,000 MYR) related to its investment in Hainan[58] Risk Management - The company has identified key risks including fluctuations in product demand and potential disruptions in the supply of raw materials, which could adversely affect financial performance[64] - The group plans to monitor foreign currency risks and may consider foreign exchange hedging activities to mitigate the impact of currency fluctuations on operational performance[68] - The company did not utilize any derivative financial instruments during the fiscal year to manage foreign currency risks[68] Employee and Workforce - As of December 31, 2021, the group had 53 employees, with total employee costs (including directors' remuneration) amounting to approximately MYR 6.1 million, an increase from MYR 5.5 million in 2020[69] - The workforce consists of 53 full-time employees, with 53% male and 47% female representation[126] - Over 25 employees participated in training programs during the fiscal year, averaging 7 hours of training per employee[132] - The company has not employed any children or adolescents under 18 years of age and has no reported cases of forced labor[133] Environmental Impact - In the fiscal year 2021, the total greenhouse gas emissions amounted to 599.0 tons of CO2 equivalent, an increase from 447.7 tons in 2020, representing a 33.8% rise[104] - The company reported nitrogen oxides (NOx) emissions of 0.9 kg in 2021, up from 0.4 kg in 2020, indicating a 125% increase[102] - Diesel consumption decreased to 60,241 liters in 2021 from 72,729 liters in 2020, reflecting a reduction of 17.2%[109] - The electricity consumption was recorded at 457,589 kWh in 2021, down from 574,023 kWh in 2020, showing a decrease of 20.3%[109] - The company has established environmental policies to minimize negative impacts on the environment, adhering to the Malaysian Environmental Quality Act since 1974[112] Corporate Governance - The board of directors is responsible for overseeing the company's business affairs and overall performance management[143] - The company has adopted corporate governance codes and principles to enhance shareholder value and ensure accountability[141] - The company has established an audit committee to oversee compliance with legal and regulatory requirements[143] - The company has implemented risk management policies to address potential risks, including national, regulatory, and operational risks[199] - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee specific areas of governance[174] Community Engagement - The company aims to continue engaging with and contributing to the communities where it operates in the future[139] - The company made cash and in-kind donations of approximately 21,000 MYR in fiscal year 2021, a decrease from about 61,000 MYR in fiscal year 2020[139] - The company supports local employment in the regions where it operates[122]

Financial Performance - Revenue for the six months ended June 30, 2021, was RM 56,772,000, a decrease of 3.1% compared to RM 58,573,000 for the same period in 2020[10]. - Gross profit for the same period was RM 13,382,000, slightly up from RM 13,256,000 in 2020, indicating a marginal increase of 0.9%[10]. - Profit before tax increased significantly to RM 8,164,000, up 58.9% from RM 5,138,000 in the previous year[10]. - Net profit attributable to equity holders for the period was RM 5,829,000, compared to RM 2,828,000 in 2020, representing a growth of 106.5%[10]. - Total comprehensive income for the period was RM 6,791,000, a substantial increase from RM 1,741,000 in the same period last year[10]. - The company reported a basic and diluted earnings per share of 1.17 sen, compared to 0.69 sen in the previous year, marking an increase of 69.6%[10]. - For the six months ended June 30, 2021, the company reported a profit of 5,829 thousand MYR, compared to 2,828 thousand MYR for the same period in 2020, representing a 106% increase[16]. - The total comprehensive income for the six months ended June 30, 2021, was 6,791 thousand MYR, up from 1,741 thousand MYR in the previous year, indicating a significant growth of 289%[16]. Cash Flow and Assets - Cash and cash equivalents increased to RM 28,776,000 from RM 15,171,000, showing a growth of 89.9%[12]. - Current assets net worth stood at RM 133,424,000, up from RM 126,624,000, reflecting a growth of 5.6%[12]. - Total assets less current liabilities increased to RM 148,144,000 from RM 141,349,000, indicating a growth of 4.0%[12]. - The operating cash flow before changes in working capital for the six months ended June 30, 2021, was 8,996 thousand MYR, compared to 4,647 thousand MYR in 2020, reflecting an increase of 93%[19]. - The net cash generated from operating activities for the six months ended June 30, 2021, was 9,760 thousand MYR, a substantial rise from 2,477 thousand MYR in the same period last year, marking a 294% increase[19]. - The company’s cash and cash equivalents at the end of the reporting period were 28,776 thousand MYR, compared to 36,864 thousand MYR at the end of the previous year, showing a decrease of 22%[22]. Revenue Breakdown - Total revenue for the six months ended June 30, 2021, was RM 56,772 thousand, a decrease of 3% from RM 58,573 thousand for the same period in 2020[96]. - Distribution revenue increased to RM 40,262 thousand, up 9% from RM 37,046 thousand in the previous year[96]. - Production revenue decreased to RM 16,510 thousand, down 23% from RM 21,527 thousand in the same period last year[96]. - The decrease in manufacturing revenue was primarily due to a reduction of approximately 3.7 million MYR in sales of vitamin premixes to overseas customers[173]. - The increase in distribution revenue was mainly driven by a rise in sales of health products, particularly a tea product launched in December 2020, which saw an increase of approximately 3.0 million MYR[175]. Expenses and Costs - Total employee costs decreased to RM 2,763,000 in 2021 from RM 2,822,000 in 2020, a reduction of 2.1%[99]. - The total tax expense for the six months ended June 30, 2021, was RM 2,335,000, slightly higher than RM 2,310,000 in 2020, an increase of 1.1%[101]. - The total depreciation expense for the six months ended June 30, 2021, was RM 751,000, compared to RM 632,000 in 2020, an increase of 18.8%[99]. - Sales and distribution costs increased to approximately 1.2 million MYR, an increase of about 0.1 million MYR or 10.0% compared to 1.1 million MYR in the same period last year, primarily due to marketing activities for the newly launched tea[178]. - Administrative and other operating expenses rose to approximately 5.0 million MYR, an increase of about 1.1 million MYR or 30.6% from 3.9 million MYR in the previous year, mainly due to increased professional fees for compliance purposes post-IPO and foreign exchange losses[179]. Strategic Focus and Future Outlook - The company continues to focus on expanding its market presence and enhancing product offerings to drive future growth[10]. - The company plans to continue focusing on its core segments of animal feed additives and human food ingredients for future growth[32]. - The company is actively exploring new growth and expansion opportunities both locally and internationally in response to the pandemic[172]. - The company’s wholly-owned subsidiary entered into a cooperation agreement with a health biotechnology company, establishing a new indirect subsidiary in Hainan[172]. - The company believes that the pandemic will soon be well-controlled, allowing for smoother economic activities[172]. Shareholder Returns - The company did not declare an interim dividend for the six months ended June 30, 2021, consistent with the previous year[108]. - The board of directors decided not to declare any interim dividend for the six months ended June 30, 2021, consistent with the previous year[195].

RITAMIX GLOBAL LIMITED 利特米有限公司 (於開曼群島註冊成立的有限公司) 股份代號：1936 2020年報 A 00 錄 | --- | --- | |--------------------------|-------| | 公司资料 | | | 主席致辭 | | | 管理層討論及分析 | | | 董事及高級管理層履歷詳情 | | | 環境·社會與管治報告 | | | 企業管治報告 | | | 董事會報告 | | | 獨立聯席核數師報告 | | | 综合損益及其他全面收益表 | | | 綜合財務狀況表 | | | 綜合權益變動表 | | | 綜合現金流量表 | | | 綜合財務報表附註 | | | 四年財務摘要 | | 02 04 06 13 l ୧ 23 36 46 5 I 52 54 55 57 I02 利特米有限公司 年度報告2020 0 I 公司資料 Ng Siok Hui 女士 Lim Chee Hoong 先生 31 樓 合規顧問 薪酬委員會 註冊辦事處 Windward 3, Regatta Office Park PO Box 1350 Grand Cayman KY1 ...

Financial Performance - Revenue for the six months ended June 30, 2020, was RM 58,573,000, a decrease of 1.05% compared to RM 59,192,000 in the same period of 2019[50] - Gross profit for the same period was RM 13,256,000, down 9.0% from RM 14,565,000 year-on-year[50] - The company reported a net profit attributable to equity holders of RM 2,828,000, a decline of 55.8% from RM 6,393,000 in the previous year[50] - Basic and diluted earnings per share were 0.69 sen, compared to 1.70 sen in the same period last year, reflecting a decrease of 59.4%[50] - The company experienced a decrease in pre-tax profit, reporting 5,138 thousand MYR for the six months ended June 30, 2020, compared to 8,913 thousand MYR in the prior year, representing a decline of approximately 42%[60] - The pre-tax profit for the six months ended June 30, 2020, was 2,828,000 MYR, a decrease of 56% from 6,393,000 MYR in the same period of 2019[98] - Profit attributable to equity holders was approximately 2.8 million MYR for the six months ended June 30, 2020, a decrease of about 55.8% from approximately 6.4 million MYR in the same period of 2019, primarily due to listing expenses[164] Assets and Liabilities - Total assets as of June 30, 2020, amounted to RM 138,425,000, an increase from RM 84,875,000 at the end of 2019[53] - The total equity of the company increased to RM 137,726,000 from RM 84,235,000, reflecting a growth of 63.5%[53] - Trade and other receivables decreased to RM 30,623,000 from RM 38,528,000, a decline of 20.5%[53] - Trade receivables from third parties as of June 30, 2020, were 29,070,000 MYR, down from 36,883,000 MYR as of December 31, 2019[109] - Trade payables to third parties decreased to MYR 6,450,000 as of June 30, 2020, down from MYR 7,317,000 as of December 31, 2019, indicating a reduction of approximately 11.87%[116] - Other payables, including accrued expenses, totaled MYR 7,395,000 as of June 30, 2020, compared to MYR 8,979,000 as of December 31, 2019, representing a decrease of about 17.63%[116] Cash Flow - The company’s cash and cash equivalents increased significantly to RM 36,864,000 from RM 6,482,000 at the end of 2019[53] - The company’s operating cash flow before working capital changes was 4,647 thousand MYR, down from 9,570 thousand MYR in the previous year, reflecting a decrease of approximately 51%[60] - The net cash generated from operating activities was 2,477 thousand MYR, a turnaround from a cash outflow of 1,698 thousand MYR in the same period last year[60] - The total cash and cash equivalents at the end of the reporting period was 36,864 thousand MYR, a decrease from 6,222 thousand MYR at the beginning of the period[64] - The company’s investment activities resulted in a net cash outflow of 22,017 thousand MYR, compared to a cash inflow of 1,471 thousand MYR in the previous year[60] - The company’s financing activities generated a net cash inflow of 49,922 thousand MYR, contrasting with a cash outflow of 1,220 thousand MYR in the same period last year[64] Revenue Segmentation - Revenue from animal feed additives was RM 51,394,000, while revenue from human food ingredients was RM 7,179,000 for the six months ended June 30, 2020[79] - The segment performance for animal feed additives showed a profit of RM 10,781,000, while human food ingredients reported a profit of RM 1,194,000 for the six months ended June 30, 2020[79] - Manufacturing segment revenue for the same period was approximately 21.5 million MYR, accounting for about 36.8% of total revenue, a decrease of approximately 1.8 million MYR or 7.5% from 23.3 million MYR in 2019[154] - Distribution segment revenue increased to approximately 37.1 million MYR, representing about 63.2% of total revenue, an increase of approximately 1.2 million MYR or 3.1% from 35.9 million MYR in 2019[154] Expenses - The company incurred listing expenses of RM 4,291,000, significantly higher than RM 1,147,000 in the previous year[50] - The company’s administrative and other operating expenses totaled RM 3,860,000 for the six months ended June 30, 2020[79] - Employee costs, including directors' remuneration, were approximately 2.8 million MYR for the six months ended June 30, 2020, compared to approximately 2.9 million MYR for the same period in 2019[182] - Sales and distribution costs remained stable at approximately 1.1 million MYR for the six months ended June 30, 2020, compared to the same period in 2019[158] - Administrative and other operating expenses were stable at approximately 3.9 million MYR for the six months ended June 30, 2020, compared to the same period in 2019[159] Future Outlook and Plans - The company is actively seeking potential acquisition targets to identify new growth and expansion opportunities[153] - The company remains cautiously optimistic about its operations despite the negative impact of the COVID-19 pandemic on the Malaysian economy[153] - The company believes that the impact of the pandemic on its operations will be minimal if the Malaysian government does not extend the movement control order[153] - The company plans to utilize approximately HKD 68.8 million from unutilized funds as of June 30, 2020, primarily affected by the Malaysian government's movement control order[185] - The company is constructing a new production facility with an investment of HKD 42.1 million, expected to be completed by June 30, 2021[184] Shareholder Information - The company holds a significant ownership structure, with Garry-Worth owning 67.5% of the issued share capital[192] - The company’s major shareholders include Lee Haw Yih and related parties, collectively controlling 337,500,000 shares, representing 67.5% of the total issued capital[192] - As of June 30, 2020, the company has not received any disclosures regarding shareholdings from other individuals, excluding directors or senior executives[198] - The company adopted a share option plan approved by all shareholders on April 8, 2020, with no options granted or exercised as of June 30, 2020[199]