And how much of that investment in Bio Health has/is actually...

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rona142

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18/07/19

20:21

Post #: 39589279
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Originally posted by crabbe21 ↑

Interesting read from the Dongfang Moderns AGM Presentation.

Bio Health Update16•
Dongfang acquired 70% of Bio Health Pharmaceuticals Pty Limited in 2018; key management retained• Dongfang’s connections and sales network in China open up export opportunities to capitalise on the US$41 billion Chinese health supplements market• Bio Health is a TGA licence holding health supplement (and softgel capsule) manufacturer and Australian Certified Organic licensed business• Strong established customer base with positive reputation for manufacturing high-quality products• Strategic move into high margin, high growth health supplement market broadens Dongfang’s revenue base

Bio Health Update17•
Production in 2018 constrained by size of manufacturing facility• Dongfang is investing in state-of-the art equipment and Bio Health’s move to new site at Huntingwood, Sydney• New facility will enable tripling of current production levels; production expected to begin in second half of 2019• Unit costs expected to reduce by 5% due to economies of scale• Plan allows diversification into health food pharmaceuticals and development of own brand label

Summary18•
Seven consecutive years of record harvest production• Track record of growth and profitability including 2018 net profit after tax of $84.4 million• Australian acquisition of Bio Health provides opportunities to build own brand in high-margin, high-growth health food supplements market• Bio Health is moving to new premises enabling tripling of production; manufacturing at Huntingwood, Sydney expected to begin in second half of 2019• 35% growth in orchard area over past three years, reflecting reinvestment in the business and clear growth strategy • Continued focus on yield improvement in Chinese orchards expected to increase productivity• Ongoing focus on both organic growth and acquisition opportunities• Further revenue growth and profitability expected in 2019

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And how much of that investment in Bio Health has/is actually happening now DFM is suspended and has no board of directors.

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And how much of that investment in Bio Health has/is actually...

Top Stories

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GreenX picks up prospective copper project in Germany

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Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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