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New Growth, Cash Generative Biz
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WBdisciple
Elite |
29-Jan-2021 19:41
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https://links.sgx.com/1.0.0/corporate-announcements/4I0F0UHHWJI3M4L1/646716_GS%20-%20Distribution%20-%20Press%20Release%20-%20Final.pdf
GS Holdings&rsquo Subsidiary Secures Master Distribution Agreement for Aloe Vera-based Health Supplements and Food and Beverage Products - Raffles Brands has entered into a master distribution rights agreement with Kaifeng Jufeel, with Raffles Brands to be appointed as a master distributor for certain health supplements and related products derived from the aloe vera plant as well as aloe vera food and beverage products
- The master distribution rights agreement will cover key geographical markets such as the PRC, ASEAN countries and countries in the African continent, among others
- Kaifeng Jufeel shall undertake the assignment and/or transfer of all existing customer contracts to Raffles Brands
- The master distribution agreement is for an initial duration of 3 years and Raffles Brand is guaranteed a minimum gross profit margin of 40% for each financial year
- The new Distribution business segment is expected to provide new growth prospects and revenue channels that will strengthen the Group&rsquo s business model
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WBdisciple
Elite |
20-Mar-2020 15:09
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PE about 3.5 times.... GS Holdings Posts Record Results for FY2019 Revenue Surged to S$35.68 Million with Net Profit of S$21.42 Million &bull Strong turnaround for FY2019 with the contribution from the 14 BOP service agreements with an aggregate quarterly service fee of RMB 50 million and the Group&rsquo s F& B business activities &bull Balance sheet continued to strengthen with total assets increasing to S$53.52 million and a larger equity base of S$20.47 million as at 31 December 2019 &bull Positioned for future growth with pipeline plans to secure more BOP service contracts and expansion of the F& B business The directors may consider declaring or recommending dividend for FY2019 at a later date after the conclusion of the statutory audit and full receipt of the outstanding BOP service fee amounting to RMB 120 million (approximately S$23.8 million) as at 31 December 2019. |
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