H&H國際控股(01112.HK)年度純利升19.2%至10億元 末期息0.85港元
格隆匯3月23日丨H&H國際控股(01112.HK)公佈，截至2019年12月31日止年度，公司收入109.25億元人民幣，同比增長7.8%；毛利72.29億元，同比增長7.3%；期間純利10億元，同比增長19.2%；經調整可比EBITDA22.35億元，同比減少9.9%；毛利率維持相對穩定在66.2%，2018年毛利率為66.5%；每股盈利1.57元，末期股息每股普通股0.85港元。
顧年內的經調整可比EBITDA下降9.9%主要由於澳洲及新西蘭（以下簡稱澳新）市場的銷售額下跌以及集團持續投資於新市場及產品。由於特別調整項金額減少，故呈報的EBITDA上升2.9%至人民幣22.22億元。呈報的純利按年上升19.2%，如此可觀的增長主要歸因於營運效率提升、融資成本減少及削減多項一次性調整項目。
中國是集團最大市場，佔集團收入77.3%，於2019年取得17.7%的穩健增長。於中國，在新產品推出、持續線上及線下消費者教育以及新客户羣日益壯大的支持下，集團的嬰幼兒營養及護理用品及成人營養及護理用品業務分部均實現溢利可觀的雙位數增長。於澳新市場，中國實施新電子商務法導致代購商減少存貨及交易，集團的成人營養及護理用品業務因而深受負面影響。於澳新市場的銷售額按經貨幣調整可比基準按年下跌24.7%。有見及此，集團已積極管理存貨及迅速部署多項穩定業務的策略性措施。
在中國以及澳新市場以外的地區，集團在現有及新進軍國際市場的銷售額均持續增加，收入較去年增長43.6%。如此佳績源於集團進軍新市場及推出新產品，顯示本集團業務策略實現可期且藴藏潛力。
期間全球嬰幼兒營養及護理用品業務所得收入達人民幣69.34億元，較去年上升17.8%，與集團於中國及其他國際市場實現雙位數增長的預期一致。該增長由集團持續貫徹落實戰略措施所帶動，包括以高端及九零後消費者為對象強化數字品牌推廣，支持集團核心嬰幼兒配方奶粉系列持續取得佳績的多項舉措以及推出新產品（尤其是針對超高端類別），同時藉助其嬰幼兒營養及護理產品組合的協同效應於集團的線上及線下渠道與主要客户進行戰略合作。
公司稱，雖然2020年的困難及挑戰不斷，但集團仍然對其核心成人營養及護理用品及嬰幼兒營養及護理用品分部的增長潛力以及其建立全球高端營養健康龍頭地位的能力充滿信心。集團亦將精簡其管理能力及提高營運效率，從而加強集團的整體盈利能力，並繼續為股東帶來可持續的回報。
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