Business Expansion and Acquisitions - The group acquired the Mansther Group's beauty services and product portfolio in June 2021, enhancing its market position in Hong Kong and expanding market share[6]. - The group plans to open several new stores in the coming year, each ranging from 3,000 to 5,000 square feet, to enhance customer service and market visibility[18]. - The company opened new retail locations, including eight product retail stores in Hong Kong and one in China, following the acquisition of Mansi Group[28]. - The acquisition of the Mansther Group is expected to create significant future growth potential, with new products and services launched within three months post-acquisition[43]. - The company plans to open a new large Oasis Medical Beauty Center in LOHAS Park and expand Glycel's store space by 3,374 square feet, enhancing service capacity[46]. - The company has successfully expanded its medical beauty services in Hong Kong and acquired the Glycel brand business, as well as obtained distribution rights for Erno Laszlo[51]. Financial Performance - The group's consolidated revenue increased by 56.2% compared to the previous year, reaching a historical high of HKD 170 million, up from HKD 27.5 million[24]. - The gross profit margin improved from 90.5% to 92.2%, with high-margin beauty services now accounting for 84.9% of sales, up from 77.8%[24]. - Capital expenditure rose significantly from HKD 23.3 million to HKD 51.4 million, primarily due to the opening of new large stores[28]. - Advertising expenses increased from 1.7% to 2.2% of revenue, reflecting efforts to promote new products and services[25]. - The rental cost as a percentage of revenue decreased from 22.5% to 16.3% due to improved lease terms[25]. - The board proposed a final dividend of HKD 0.165 per share, bringing the total annual dividend to HKD 0.22 per share, up from HKD 0.06 the previous year[29]. Customer Engagement and Service Offerings - The group reported a significant increase in beauty service bookings in the second half of the year, indicating a recovery from the impacts of COVID-19[18]. - The introduction of the Oasis Hair Spa service in 2019 has expanded the group's offerings to include advanced hair and scalp care treatments[8]. - The introduction of the "Floral Tea Therapy" product has successfully attracted more customers, contributing to the brand's strong performance[41]. - Online product sales have shown continuous growth, with the company investing resources to maintain this trend in the coming year[48]. - The company has focused on enhancing its online shopping platforms, resulting in steady sales growth through online channels[24]. Corporate Governance - The management team emphasizes the importance of corporate governance and is committed to enhancing standards to maintain investor confidence and increase shareholder returns[70]. - The board of directors has been reviewing its corporate governance practices to meet the increasing regulatory requirements and expectations from shareholders[70]. - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange, with some specific deviations noted[70]. - The company is committed to providing balanced and understandable assessments of its performance and financial condition to the board of directors[66]. - The company has a diverse board with members holding significant experience in various sectors, enhancing its strategic planning capabilities[56]. Environmental and Social Responsibility - The group is committed to sustainable development and has established strategies to manage environmental, social, and governance risks[147]. - The group complies with all applicable major environmental protection laws and regulations in its operating regions[157]. - The total greenhouse gas emissions for the group in 2021 were 855.77 tons of CO2 equivalent, a decrease from 1,047.73 tons in 2020, representing a reduction of approximately 18.3%[161]. - The group implemented energy-saving measures, including the use of energy-efficient lighting and monitoring water usage[162]. - The group aims to enhance employee awareness of environmental protection to encourage effective resource usage[166]. Employee Management and Well-being - The total employee count increased to 896 as of September 30, 2021, up from 725 in 2020, reflecting a growth of approximately 23.6%[182]. - The company aims to enhance employee well-being by providing competitive compensation and benefits, including medical insurance and employee discounts[184]. - The company has implemented strict health and safety measures in response to the COVID-19 pandemic, ensuring employee safety and compliance with government regulations[193]. - The average number of workdays lost due to work-related injuries was 13.5 in 2021, a significant decrease from 123 days in 2020[195]. - Total training hours in 2021 amounted to 3,423.0 hours, an increase from 3,356.5 hours in 2020[198].
奥思集团(01161) - 2021 - 年度财报