CONSISTENT SALES GROWTH
FY18 gross sales tripled to $18.42M with 330% net
revenue growth YOY.
This momentum continued into Q1 FY19, with quarterly
sales revenue up 416% on same period last year to
$8.98M. Bubs infant formula sales grew 99% pcp.
OUTLOOK
We expect to exceed 2018 full-year revenue performance
by half-year 2019.
This positive growth momentum is expected to further
accelerate in the second half of FY19, with a significant
portion of planned incremental sales to China via B2C
CBEC, C2C Corporate Daigou and MBS channels, as well as
new product launches in 2H FY19.
Ann: 2018 AGM - CEO Presentation, page-3
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