Public company info - Natural Dairy (NZ) Holdings Ltd. , 00462.HK

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Natural Dairy (NZ) Holdings Ltd., 00462.HK - Company Profile
Chairman Liu Nanguang
Share Issued (share) 2,709,000,000
Par Currency Hong Kong Dollar
Par Value 0.1
Industry Dairy Products
Corporate Profile Business Summary: Principally engaged in the (i) trading of foods & beverage and dairy related products; and (ii) manufacturing and sales of beverage and dairy related products. Performance for the year: Gross revenue amounted to HK$29.3 million as compared with HK$64.8 million in 2014 Net loss attributable to shareholders of the Group was HK$750.7 million, a increase of HK$685.9 million from HK$64.8 million in 2014 Basic loss per share amounted to HK$27.71 cents resulted by increase in net loss attributable to shareholders of the Group during the year (2014: HK$2.39 cents). Business Review: During the year, the Group recorded a gross profit of HK$14.5 million as compared with a gross profit of HK$31.6 million in 2014. The overall gross profit margin for the year was 49.6% (2014: 48.8%). The increase in the overall gross profit margin due to the net effect of the increase in trading business from 21.6% in 2014 to 33.3% in 2015 and the decrease in manufacturing business from 72.5% in 2014 to 60.6% in 2015. Prospects: As mentioned in the meeting of NPC after years of contaminated milk melamine scandal, a series of regulations and measures were introduced by the PRC government such as “Regulation on the Supervision and Administration of the Quality and Safety of Dairy Products”, to safeguard quality dairy products and restore consumer’s confidence. The PRC government has announced removal on infant formula import tariff to increase premium dairy supply in PRC. This has created a huge market demand for high premium dairy products whereby New Zealand Dairy products have renowned reputation. For our beverage manufacturing base in Jiangxi, the Group continues to produce our major roducts and improves our production processes to provide high quality beverage products.In addition, the Group is also continuing to research for other potential products for the future evelopment with an aim to becoming a leading beverage Group in Mainland China. During the year, the Group has taken various measures to restructure the sales and distribution etwork platform for high-margin dairy related products. The measures include restructuring ales and marketing team to strengthen our wholesaling customer networks and increased onitoring logistics of dairy-related products to ensure timely delivery to our customers. owever, the Group continuously faced the ongoing difficult and dynamic business nvironment. With the weak global economy as well as the recent economic downturn of PRC,the revenue of the Group dropped sufficiently during the year.

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