Sunday, 23 March 2014

Key Concepts when reading the 2012 Annual Report

Concepts


Motor & Motor Related Business
  • Segment turnover rose by 3.8%
  • Sold around 81,000 units of vehicle in mainland China
  • The number of 4S shops increased to 69% in 2012, and a total of 21 4S greenfield projects are in the pipe line in mainland China.
  • In the PRC, dealership after-sales service unit and revenue were up by 10.1% and 28.4%. 
  • In Hong Kong and Macao, DCH sold around 10,800 units of vehicles.
  • Infiniti, the renowned luxury car brand, has been soft launched in 2012.
  • The group added the distributorship of SINOTRUK into its portfolio in Hong Kong, and will represent DAF, a renowned European commercial vehicle brand in 2013.
  • The first electric bus will be delivered to Hong Kong in March 2013.
  • The isuzu distributorship in Taiwan officially commenced operation.
  • Sales of the lubrication oil blending plan tripled in 2012 to 6.4 million litres.

Food & Consumer Products Business
  • 5.6% growth in segment turnover
  • In mainland China, dairy and beverage products achieved an outstanding growth of 42.9% and 59.5% respectively
  • Our joint venture with Brasil Foods S.A commenced distribution of branded frozen products in Hong Kong and mainland China
  • Our food processing business in Hong Kong recorded significant sales growth of 46.2%
  • The number of DCH Foodmart outlets increased to 85 by the end of 2012
  • Private label products are being developed with the newly launched house brand Cheer dairy and nut product lines introduced in Hong Kong
  • DCH has successfully established a retail chain-store network totaling 47 DCH AV shops in key cities in the PRC.

Logistics Business
  • Segment turnover rose by 19.7%
  • Signed contract with a major confectionery supplier to extend repacking service from Xinhui to Shanghai
  • Established temperature controlled fleet to enhance cold chain capability in Shanghai.

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