Share This

Public company info - Takbo Group Holdings Limited , 08436.HK

Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

Takbo Group Holdings Limited, 08436.HK - Company Profile
Chairman Tan Chong Huat
Share Issued (share) 400,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Cosmetics & Personal Care
Corporate Profile Business Summary: The group principally (i) design, develop, manufacture and sell beauty products; and (ii) design, develop and sell beauty bags. Performance for the year: Revenue of the Group for the year ended 31 December 2021 amounted to approximately HK$207.2 million, representing a decrease of approximately 28.0% over the previous year. Profit attributable to equity holders of the Company for the year ended 31 December 2021 amounted to approximately HK$4.4 million, representing a decrease of approximately 76.2% over the previous year. Business Review The past two years have been challenging, continuous unresolved tension between the United States of America and the PRC, coupled with global pandemic restricting business travels and interaction, and rising supply chain problems. Our clients, suppliers and business partners have all been affected. It is what it is. The philosophy at Takbo is we put our head around the problems, think out of the box and turn challenges into opportunities. With our established one-stop supply chain manufacturing capability, we manage to pivot the market and innovate our clients with products of demand. This is important and has kept our business going. Personal care and beauty remains the core of our focus. We stick closely with the trends of our generation Z and millennials on what they like and how they want them. The segment we target continues to evolve and has vast potential. During the year, we allocated resources to conduct feasibility studies on opportunities we can diversify into, additional markets we can tap, ways to better cost control and risk management measures to adopt. The PRC and ASEAN markets, e-commerce, online distribution, brand licensing and adoption of sustainable materials, just to name a few. Advancement in a few or some of these initiatives in the short to medium turn will solidify our business foundation going forward. Difficult times have brought people together and have aligned those with similar mindsets. We met many new business associates, coming from different industries and with varying business models, and see an array of business collaboration opportunities which may materialise in the coming few years. Prospects: Looking forward, the Directors consider the global environment remains uncertain and challenging. The Group will continue to focus its efforts in creating innovative products and expanding reach to new geographical locations. The ongoing pandemic of COVID-19 is putting millions at risk in more and more countries, making a serious public health crisis worldwide. Under such circumstances, various e-commerce solutions for generation Z and millennials are emerging as major trends in the recent service industry. In addition, it is expected that sustainability will play an important role for consumers in the beauty and cosmetics industry going forward.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.