Financial Performance - AUSupreme reported a revenue increase of 15% year-over-year, reaching HKD 500 million for the fiscal year 2021-22[12] - The company achieved a gross profit margin of 40%, reflecting improved operational efficiency compared to the previous year[12] - The company reported a net profit of HKD 100 million, a 10% increase from the previous fiscal year[12] - For the fiscal year ending March 31, 2022, the company's revenue was HKD 128,726,000, representing a 25.1% increase from HKD 102,907,000 in 2021[67] - The company recorded a loss of HKD 843,000 for the year, compared to a profit of HKD 3,844,000 in the previous year, primarily due to the absence of COVID-19 related government subsidies and reduced rental income[67] - Revenue from health supplement products increased by 25.4% to HKD 122,675,000, accounting for 95.3% of total revenue[70] Market Expansion and Strategy - AUSupreme plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share over the next two years[12] - Future guidance estimates a revenue growth of 20% for the upcoming fiscal year, driven by new product launches and market expansion[12] - The company aims to continue expanding its market presence in Asia, focusing on becoming a leading health brand[26] - The company emphasizes a diversified market strategy, particularly in local and cross-border e-commerce[27] - The company is exploring potential acquisition opportunities in the health and wellness sector to diversify its product offerings[12] Product Development and Innovation - The company is investing HKD 50 million in new product development, focusing on health supplements and wellness products[12] - The company is focused on developing online sales channels and maintaining its enterprise resource planning systems[108] - The company is exploring new product development and technological advancements to enhance its market position[116] Online Sales and E-commerce - The company has accelerated online sales development, launching a new official website and a customized app to enhance customer experience[27] - The online shopping experience was enhanced with a new official website, focusing on e-commerce and social media platforms to boost sales and brand awareness[61] - The company plans to invest more resources into interest-based e-commerce, particularly through platforms like Douyin, to leverage their large user base and recommendation technology[94] Corporate Social Responsibility - The company is committed to social responsibility, actively engaging in community support initiatives and educational programs[28] - The company has been involved in anti-drug campaigns, promoting a healthy lifestyle within the community[29] - The company remains committed to social contributions, including donations of health supplies and support for educational initiatives during the pandemic[61] Governance and Management - The company has a robust governance structure with independent directors providing oversight and strategic guidance[112] - The board consists of seven directors, with independent non-executive directors accounting for over 40% of the board members[125] - The company has established a clear framework for the appointment and evaluation of board members to align with corporate strategy[150] Awards and Recognition - The company has received multiple awards and certifications, including the "Hong Kong Excellent Brand" and "Outstanding Listed Company Award," highlighting its market value and industry recognition[41][46] - The company has been recognized for its commitment to sustainable development and corporate social responsibility, receiving accolades such as the "Sustainable Supply Chain Leader" award[48] - The company has been acknowledged as a leading brand in the health supplement industry, receiving the "Asia Excellent Brand" award for its innovative practices[51] Challenges and Risks - The company anticipates continued volatility in the business environment due to ongoing pandemic effects and geopolitical tensions, but expects to benefit from new government consumption voucher programs[62] - The company is prepared for business development in the upcoming years, leveraging its solid foundation[96] - Management acknowledges the operational dependency on third parties may lead to service deterioration or errors[200] - Potential risks include damage to reputation, business interruptions, and financial losses[200] Employee Engagement and Development - The company has established a healthy and vibrant work environment, encouraging employee participation in physical activities, which has been recognized by the "Corporate Together Action Award" program[58] - The company has maintained a strong focus on employee training and development, achieving the "Super MD" status for ten consecutive years[46] - The company has a commitment to employee training and development, as evidenced by its mentorship programs[107]
澳至尊(02031) - 2022 - 年度财报