健合國際(01112.HK)首季收入升13%
健合國際(01112.HK)公布,至3月底止季度,收入增長13%至24.24億元人民幣,主要貢獻來自於中國市場兩個業務分部強勁的業績表現。於中國內地的收入穩步增長19.4%,佔集團總收入的81.6%,去年同期則為77.2%。
公司指,儘管在運營方面面臨一些挑戰,但在這段期間積極主動回應消費者需求並調整商業模式,以確保主要市場於封鎖期供應充足。嬰幼兒營養及護理用品以及成人營養及護理用品業務的全球供應鏈穩定運行且受干擾有限,同時由於的產品類別屬於消費剛需,消費者對產品的整體需求受2019新冠肺炎疫情的影響有限。
展望未來,嬰幼兒營養及護理用品及成人營養及護理用品兩個分部的全球供應鏈目前正常運行,但新增的封城措施及市場波動可能會對營運帶來更大壓力。由於產品及渠道組合變動以及製造商面臨匯率波動及物流成本增加帶來的潛在成本壓力,毛利率會受到影響。然而,公司正建立充足安全庫存以確保業務持續進行,並正密切監察整體供應情況以充分提升的營運效率。
於中國內地,儘管前景未明,公司仍將繼續努力實現可持續增長。新產品開發計劃及擴展渠道仍為2020年增長策略的兩大支柱。隨著嬰幼兒配方羊奶粉系列成功推出,公司將繼續進一步於中國市場挖掘增長動力,並善用最新獲批的嬰幼兒配方奶粉系列、Dodie紙尿褲系列及Good Gout嬰幼兒及兒童食品系列接觸更多有特定需求的消費者。
除中國內地以外,整個上半年的旅行限制遏止澳新及其他市場的代購活動,使公司於該等市場的銷售受壓,並干擾銷售渠道,繼而成為其中一個對利潤造成負面影響的因素。此外,澳元潛在疲軟將對澳新市場收入及EBITDA貢獻在合併到集團人民幣計價的財務報表時有所減少。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.