Natural Beauty Announces 2018 Interim Results

August 31, 2018 - 09:57
Natural Beauty Announces 2018 Interim Results

TheCompany Develops High-tech Skincare Business and Tapsinto Medical Aesthetics Market InterimDividend of 1.45 HK cents per share

 

HONG KONG, CHINA - MediaOutReach - 30 August 2018 - NaturalBeauty Bio-Technology Limited ("Natural Beauty" or the "Group"; Stock Code:00157), a leading provider of professional skin-care and spa services inGreater China, announced today its interim results for the six months ended 30 June2018 (the "Period").

 

Financial and Operational Highlights:

 

Distribution channels

  • Income principally came from the Group's distribution network,including spas and concession counters in department stores.
  • As at 30 June 2018, there were 1,042 spas, 15 concessioncounters and 1 medical cosmetology center.
  • A total of 17 new stores were opened and 51 stores wereclosed during the Period.


Research and Development

  • To constantly improve the quality of its existing productsand develop new products, while collaborating with overseas skin-care companieson technological development.
  • Successful launch of a well-received new series of NB-1Bright-Crystal target products generated sales of HK$33.2 million in the firsthalf of the year, accounting for 17.7% of total value of product sales duringthe Period.
  • Sales of NB-1 branded products reached HK$101.7 million,accounting for more than 54.4% of total value of product sales.

 

Financial highlights

  • Revenue rose by 5.5% year on year to HK$193.7 million on theback of increased product sales.
  • Overall gross profit margin decreased to 70.8% mainly becausethe Group offered promotional discounts on its products and services during thePeriod.
  • Net profit for the Period was HK$29 million.
  • Basic earnings per share were 1.45 HK cents.
  • An interim dividend of 1.45 HK cents per share arerecommended. Dividend payout ratio is 100%.

 

Ms. Yang Shu-Hwa, Interim Chief Executive Officer of theGroup said, "Looking ahead, we will continueto develop our core business by accelerating the pace of opening new stores in fast-growingcities and by expanding our market coverage through such new sales channels as pharmacychains and beauty stores. Also, the Group has started its high-tech skincare businessto serve the middle-class and affluent consumers. The business provides solutionsto minor skin problems by treating the cases with high-tech skincare devices andproducts. Following the launch of our first medical cosmetology center, theGroup has tapped into a medical aesthetics market by offering professionalmedical aesthetic solutions. Leveraging our position as a leading skin carebrand and spa operator in Greater China, we are moving ahead with the above-mentionedstrategies for development so as to enhance our competitiveness and to generategood returns to shareholders."

 

AboutNatural Beauty Bio-Technology Limited

Natural Beauty is a leading provider of beautyand spa services and products in Greater China. The Group principally offerstailor-made beauty and skin care solutions through its trained professionalbeauticians. The Group engages in research, development, manufacture and saleof skin care, aroma-therapeutic and beauty products, which are marketed underthe brand name "NB®". The products are distributed through a distributionnetwork of over 1,000 NB's SPAs and concessioncounters in Greater China.


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