九興控股(01836.HK)預計中期由盈轉虧
格隆匯7月16日丨九興控股(01836.HK)公告，全球爆發前所未有的2019冠狀病毒病(COVID-19)使集團的營運環境極具挑戰。由於疫情大流行造成了經濟活動放緩，包括多個國家實施封鎖，嚴重影響集團品牌客户的業務，並擾亂了集團部份在中國和東南亞的生產設施。由於這種不利情況，相較於上一財政年度同期，集團未經審核之綜合收入於截至2020年6月30日止3個月減少43.4%至約2.480億美元，於截至2020年6月30日止6個月減少31.9%至約5.112億美元。
公司預期截至2020年6月30日止6個月可能取得淨虧損，而2019年同期則取得淨利潤。預期錄得虧損主要由於下列因素：(a)由於COVID-19大流行造成客户推遲及取消下單與出貨，出貨量顯着下降；(b)因下列因素產生較高的一次性費用：i.由於集團加快將產能轉移到東南亞的計劃，其中國大陸工廠永久性關閉所導致的遣散費開支及物業、工廠及設備減值；及ii.為遵行中國大陸、菲律賓及孟加拉政府遏制COVID-19傳播的措施，與暫時性關閉當地工廠相關所導致的間接費用；及(c)由於在中國大陸、印尼及越南部份工廠因訂單減少而由集團給予當地員工額外休假，致生產設施較低的使用率所產生的經營去槓桿化效應。
展望未來，儘管集團品牌客户的零售銷售正逐步復甦，關於COVID-19大流行將如何影響2020年下半年集團製造業務的銷售及訂單可見度，仍存在很大的不確定性。集團現正繼續實施各種內部措施，包括提升製造效率、加強成本控制、提高營運表現及開拓新客户機遇以促進業務增長。這將使集團能夠更好地應對充滿挑戰的外部環境，同時確保在需求恢復正常時，集團將處於有利位置，以更優越和有助利潤率提升的方式來恢復產能。
目前，通過致力加強現金流管理，集團的財務狀況保持穩健，手頭現金充裕，未提取的銀行貸款總額逾1.8億美元，可滿足集團當前的業務需求。在嚴格控制資本支出的同時，於2020年下半年，公司將繼續在印尼開設一間新工廠的計劃，以提高長期的成本效率及競爭力。
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