Highlights
• Group sales jumped 13% quarter-on-quarter (QoQ) to $1.9m in 3Q 2021
as total available cash came in at $1.8m
• Health Supplement sales was the standout with a 32% previous
corresponding period (pcp) increase
• Total YTD customer receipts increased by 20% pcp across the group
• Increase in inventory purchases in anticipation of strong trading
conditions detracted from 3Q 2021 operating cash flow not expected to
continue to this quarter
• Positive outlook for all divisions from new product launches (e.g. nasal
balm) and potential partnerships (e.g. Berjaya’s Country Farm)
• Future expansion into China with the approval of Natshield™ for 10
years for all application with no further approvals
• Persistence test results received in the quarter showed NatshieldTM
sanitiser remained effective on skin and hard surfaces for up to 12
hours.
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