Business Operations - As of September 30, 2018, the company operated 15 Oasis Beauty centers in Hong Kong and 3 in Beijing, catering to middle-class customers seeking quality skincare products and advanced beauty treatments[18]. - The company has 6 Oasis Medical Centres staffed by registered doctors and professional beauty therapists, equipped with advanced technology to address various skin issues[20]. - The company continues to operate 1 Oasis Beauty Store in Macau, selling H2O+ and Glycel brand products while providing beauty treatment services[21]. - The company has established 3 Oasis Spa centers that provide luxurious beauty services and body treatments using advanced European equipment[19]. - The company operates 2 Oasis Homme locations in Hong Kong, offering high-end facial and body treatments for men[18]. - The group operates 17 beauty centers in Hong Kong and 3 self-operated stores in mainland China, with strong performance in both markets[48]. Product Offerings - The company has expanded its product offerings with the introduction of Glycel, a skincare brand known for its revolutionary cell regeneration technology developed in Switzerland[7]. - The company has introduced DermaSynergy, an advanced medical beauty product line, to expand its medical beauty center's business coverage[8]. - The company has a strong portfolio of proprietary and licensed brand products, enhancing its competitive advantage in the beauty service market[16]. - The Glycel brand saw an 8.7% increase in sales, with plans to expand product offerings and open two new stores, bringing the total to 15 in Hong Kong and one in Macau[64][66]. Financial Performance - The company reported record performance for the fiscal year ending September 30, 2018, indicating successful implementation of recent strategies[28]. - Overall revenue rose by 9.9% year-on-year, with a gross profit margin increasing to 92.4% from 91.9% in the previous year[36]. - The group's profit increased by 37.2% year-on-year, driven by the popularity of various products and services[35]. - The number of customers increased significantly due to effective new advertising channels and methods[35]. - The group closed underperforming stores and opened two new stores in high-end shopping centers, bringing the total number of stores to 55[36]. Marketing and Growth Strategies - The company emphasizes internal growth, cautious expansion, and prudent cash management, which have contributed to stable performance during economic recovery[26]. - The company has expanded its online marketing efforts, including social media outreach and the introduction of popular payment methods like WeChat Pay, to enhance online sales[29]. - The company plans to enhance digital marketing strategies and expand its target customer base, focusing on innovative digital promotions and online sales channels[70]. - The beauty services segment currently contributes nearly 80% of total sales and will remain a key focus for future growth[70]. Corporate Governance - The company emphasizes its commitment to enhancing corporate governance standards and business ethics to maintain investor confidence and increase shareholder returns[81]. - The management team has over 30 years of experience in financial management, accounting, and business planning, with the CFO holding a Master's degree in Business Administration[79]. - The board of directors consists of four executive directors and three independent non-executive directors, ensuring diverse industry and professional backgrounds[85]. - The company has adopted a board diversity policy to enhance performance quality, considering factors such as gender, age, and professional experience[95]. - The company has established five board committees, including the Audit Committee, Remuneration Committee, Investment Advisory Committee, Nomination Committee, and Disclosure Committee, to oversee various aspects of corporate governance[108]. Environmental and Social Responsibility - The environmental, social, and governance report covers the group's performance from October 1, 2017, to September 30, 2018, focusing on key operational activities in the beauty services and retail sector in Hong Kong[154]. - Key performance indicators related to environmental performance include emissions policies, resource usage, and compliance with labor standards[157]. - The company aims to minimize environmental impact while providing high-quality and innovative beauty services[166]. - The total greenhouse gas emissions for the company amounted to 1,420.86 tons of CO2 equivalent, reflecting a 2.90% increase compared to the previous year[169]. - The company has implemented energy-saving strategies, including the use of energy-efficient lighting and shutting down unused air conditioning and equipment[170]. Employee Management - The total number of employees increased to 707 from 696 in 2017, with 674 being female and 33 male[186]. - The overall training hours provided were 7,306, a decrease from 7,824.50 hours in 2017[197]. - The injury rate increased to 4.18 from 2.87 in 2017, indicating a need for enhanced safety measures[195]. - The employee turnover rate for ages 18 to 25 was 11%, down from 12% in 2017, while the rate for ages 26 to 35 decreased to 20% from 21%[189].
奥思集团(01161) - 2018 - 年度财报