On behalf of Hong Kong Resources Holdings Company Limited (“HKRH” or the “Group”), I present to you the Group’s results for the year ended 30 June 2015 (“Year 2015”).
On 6 June 2014, the partnership between HKRH and Luk Fook 3D Management Company Limited (wholly-owned by Luk Fook Holdings (International) Limited (“Luk Fook Group”; stock code: 0590)) has opened a new chapter in 3D-GOLD’s business development blueprint.
Despite the macro-economy and consumption sentiment remaining lackluster, we are positive about the business outlook in the medium to long run, despite short term market volatilities. Currently, over 60% of the turnover was generated from Mainland China, and it will continue to be our major market. Although the economic growth in Mainland China is said to be lower than the targeted, it remains one of the fastest growing economies in the world. The Group will continue to promote our brand “3D-GOLD” to secure even higher recognition and trust and continue to seize the market opportunities to increase the number of shops and revenue mix of Mainland China.
Our investments in (i) the e-commerce platforms (ii) entertainment industry and (iii) the new investment in clean energy, are continue with greater efforts in order to capture the market potential. The Group believes these investments will pay off in the future.
Moving forward, we will continue to devote resources to bolstering existing businesses and we look forward to achieving mutually beneficial results, in turn, creating greater value for HKRH and delivering better returns to our shareholders and investors.
In closing, on behalf of the Board, I extend my sincere appreciation to the management team and staffs of the Group for their contribution and also give our gratitude to all our shareholders for their continuous support in this challenging year. I also take this opportunity to thank Dr. Wong, Kennedy Ying Ho and Ms. Estella Yi Kum Ng for their valuable contribution during their tenure of directorship. We expect the year ahead to be full of opportunities and challenges. As always, we strive to create greater value for our shareholders and investors.
Mrs. Wong Chew Li Chin