维他奶澄清：公司以香港财务报告准则作披露 SAIC数据仅呈现子公司层面信息
维他奶国际(00345.HK)公布，注意到沽空机构Valiant Varriors於2020年1月17日发布另一份报告，旨在反驳公司在早前公告中所作出的澄清。公司概括该报告内之主要指控，并作以下回应：
首先，针对机构指控公司夸大中国内地及澳洲的溢利及资本支出。公司回应指，公司之综合财务报表是按照所有适用之《香港财务报告准则》、香港公认会计原则及香港《公司条例》之规定而编制。公司强烈不同意其采用发布於中国内地的国家市场监督管理局，前称为国家工商行政管理总局(SAIC)及澳洲政府的数据来估算公司之分部经营溢利。理由是向SAIC及澳洲政府申报的数据是来自当地子公司的经营数据，以此估算得出的分部经营溢利并没有从集团综合角度把集团内部各公司间之交易抵销。
另外，在指控公司面临现金流问题，因此出售东莞维他奶之15%股本权益上，公司认为其指控并不正确，因其结论基於不完整的信息。公司的外部审计师认为综合财务报表真实而公允地反映了集团的综合现金流量。截至2019年9月30日，现金净额为5.42亿元，这清楚表明没有任何现金流问题。出售东莞维他奶股本权益的原因是为了维持在深圳的另一家合资公司的相同股权比例，认为集团将受惠於在华南市场与当地同一夥伴参与发展集团之产品之统一销售及市场推广策略。
第三，就指控公司之毛利率过高而不真实，公司回应指如前所述，SAIC数据仅呈现子公司层面的信息。而公司的审计财务报表中所报告的毛利率，是基於香港财务报告准则作出集团内部各公司之间交易合并抵销後之已经审核的综合业务毛利率。
第四，机构怀疑公司是否能在中国内地取得持续增长。公司回应指，尽管中国内地市场之豆奶和茶类别的竞争加剧，以人民币计算，公司仍在2019至20财政年度首六个月达到14%的增长，相信当竞争对手加入市场後将有助於不断提高大众对公司经营类别的认知。
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