Annual Report 2019 Our Goal: “ to Give Our Customers Across Asia a Store They TRUST, Delivering QUALITY, SERVICE and VALUE.”
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Pt Hero Supermarket Tbk First Quarter 2019 Results
South Tangerang, 29th April 2019 PT HERO SUPERMARKET TBK FIRST QUARTER 2019 RESULTS Highlights • Net revenue slightly higher at Rp 3,060 billion • Net loss of Rp 4 billion, broadly flat on prior year • Strong sales growth continued in Health and Beauty and IKEA • Food business continued to face challenges but showing improvement Results (Unaudited) First Quarter 2019 2018 Change Rp billion Rp billion % Net Revenue 3,060 3,045 0.5 Gross Profit 872 867 0.6 (Loss) for the year (4) (4) 14.8 Rp Rp % Loss per share (1) (1) - - more - PT Hero Supermarket Tbk Graha Hero I CBD Bintaro Jaya Sektor 7 Blok B7/A7 I Pondok Jaya, Pondok Aren I Tangerang Selatan 15224 - Indonesia Phone: +6221 8378 8388 I www.hero.co.id I Call Centre 0-800-1-998877 Page 2 PRESIDENT DIRECTOR’S STATEMENT Introduction Sales for the period were marginally ahead of the comparable period last year, with Non-Food businesses continuing to perform well, partly offset by softness in the Food business. Financial Performance Total sales in the first quarter increased slightly by 0.5% to Rp 3,060 billion. The Company recorded a net loss of Rp 4 billion, broadly flat against the comparable period in 2018. Food sales were 5% lower at Rp 2,345 billion, impacted by the launch of a store consolidation plan designed to improve space productivity and underlying profitability over time. The Food business recorded an operating loss of Rp 64 billion, before unallocated corporate expenses, compared with Rp 87 billion in the comparable period last year. -
2017 Food Retail Sectoral Report Retail Foods Philippines
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report Number: 1724 Philippines Retail Foods 2017 Food Retail Sectoral Report Approved By: Ralph Bean Prepared By: Joycelyn Claridades-Rubio Report Highlights: The growing expansion and increase in sales of food retailers in the Philippines creates opportunities for more exports of U.S. high-value, consumer-oriented food and beverage products. Driven by a growing population, strong domestic consumption, and a buoyant economy, the food retail sector reached a growth of $45.3B in sales in 2016, a 4% increase from $43.5 in 2015. Post: Manila General Information: I. Overview of the Philippine Market The Philippines is the largest market in Southeast Asia for U.S. consumer-oriented food and beverage (f&b) products and one of the fastest growing markets in the world, importing $923.4 billion in U.S. f&b products in 2016. A mature market with growing demand for consumer-oriented products, the United States remains the Philippines’ largest supplier for food, beverage and ingredient products. Ranked as the 11th largest export market for U.S. high-value, consumer-oriented products, the Philippines imported $716.1 million from January through September 2017. Based on the chart below, the United States remains the largest supplier with fifteen percent (15%) market share, followed by China (9%), Indonesia and New Zealand (10%), and Thailand (8%). Total imports of consumer-oriented food grew annually by an average of 10%. Chart 1 – Market Share of Consumer-Oriented Products in the Philippines Per Country The Philippines has a strong preference for U.S. -
Pipanniversarybrochure.Pdf
www.jardines.com “ Pride in Performance has enabled us to share and celebrate successes across the Group. Anthony Nightingale ” CONTENTS 2 A Decade of Pride in Performance 3 How it Works 5 5 elements to Success 6 Striving 12 Innovating 20 Collaborating 26 Solving 34 Connecting 45 The Entries A DECADE OF PRIDE IN PERFORMANCE HOW IT WORKs A myriad of achievements have contributed to Jardine Matheson’s success since its From inception, the chief executive officers of each business gave their support and founding in 1832. The content of this booklet, however, considers the Group’s more recent encouragement to the new award programme, getting PIP off to an excellent start. history, and a formalized approach that was launched in 2002 to identify and reward outstanding performances across the Group. In the first three years of PIP, entrants sought recognition as the Grand Prize Winner or one of two runners up. From 2005, five categories were introduced so as to recognize specific Through the Pride in Performance (‘PIP’) annual award programme, Jardines recognizes areas of achievement, from which the Grand Prize Winner is then chosen. individual business units within the Group that embody its core values and translate them into sustained commercial success. In addition to recognition, PIP is designed to share Of the categories, some remained consistent, such as Customer Focus, Marketing those operating company success stories with the larger Group. Excellence and Successful New Venture, while others evolved. Business Turnaround became Business Outperformance as the Group’s operations progressed, and Productivity Using the Group’s core values as criteria for submission – The Right People, Energy, Enhancement evolved into Innovation and Creativity. -
Hang Seng Enjoy Card Designated Merchants Enjoy Card Designated Merchants Include
Hang Seng enJoy Card Designated Merchants enJoy Card Designated Merchants include: 7-Eleven Market Place by Jasons IKEA Oliver’s The Delicatessen Mannings "Wellcome Delivers" Newly Mannings Plus Market Place by Jasons e-supermarket Joined Newly Mannings Baby Joined Arome Bakery GNC Genki Sushi Maxim’s Group(1) sen-ryo Pizza Hut DONDONYA (Honten) Wellcome DONDONYA Shokudo ThreeSixty The Excelsior, Hong Kong(2) (1) Designated outlets of Maxim’s Group include: • Maxim's Chinese Cuisine •m.a.x. concepts Maxim's Palace Pearl on the Peak Maxim's Chinese Restaurants Lawry's The Prime Rib Maxim's Chinese Restaurant (Chek Lap Kok) Café Landmark Serenade Chinese Restaurant Kiku 8 Happiness Miso Jade Garden rice paper The Square Thai Basil Shanghai Jade City Hall Maxim's Café Jasmine Place Café Muse Hoi Yat Heen EXP Jasmine Garden deck n beer Jasmine simplylife BREAD AND WINE* House of Jasmine simplylife BAKERY CAFÉ* Xi Yue simplylife THE EAST THE WEST* Chiuchow Garden Restaurants • Maxim's MX China Fragrance • Maxim's Cakes Chiuchow Garden •can.teen Peking Garden Restaurant • Maxim's Food2 House of Beijing Oriental Lily Shanghai Garden Festive China * Not valid for purchase from the semi-self service area. (2) Restaurants of The Excelsior, Hong Kong include: Yee Tung Heen, Cammino, Café on the 1st, Dickens Bar, ToTT's and Roof Terrace and EXpresso Notes: – “Maxim's” and any name, logo or trademark of Maxim's restaurants referred to herein belong to Maxim's Caterers Limited, a company operating in Hong Kong. – The list of enJoy Card Designated Merchants is subject to change from time to time without prior notice. -
RSCI Pioneered the Hypermarket Concept in the Philippines Through Shopwise
Rustan Supercenters, Inc. (RSCI), a member of the Rustan Group of Companies, was founded in 1998 at the height of the Asian Economic Crisis. It was the first Rustan Company to take in outside investors. It was also the Rustan Group’s first major foray into the discount retailing segment through an adapted European style hypermarket. RSCI pioneered the hypermarket concept in the Philippines through Shopwise. Armed with the vision of providing Quality for All, the Company sought to make the renowned Rustan’s quality accessible to all, especially the middle and working class. Its mission is to create a chain of supercenters or hypermarkets which is the needs of the Filipino family. Rustan’s decision to diversify into hypermarkets was borne out of manifest opportunities brought about by fundamental changes that are taking place in the Philippine market: a burgeoning middle class; increasing value consciousness across various income levels; and new geographical market opportunities that are best served through discount retailing operations. RSCI developed and opened the first hypermarket in the country in November 29, 1998 in Alabang. From 40 employees, it now employs more than 6,000 employees The Company has attained much success since its inception. From 40 employees, it now employs more than 6,000 employees. From sales of zero, the Company registered sales of over P17B in fiscal year 2012-2013. From one hypermarket in Filinvest Alabang, it has now grown to 46 stores covering multiple retail formats, namely, hypermarkets, upscale supermarkets, and neighborhood grocery stores. November 2006 marked yet another milestone for RSCI when it has acquired the 21 Rustan’s stores and food services operations under an Asset Lease Agreement. -
Dairy Farm 2018 Interim Results
2018 Interim Results 27 July 2018 Disclaimer This Document (the “Document”) is for information purposes only. This Document is not intended to form the basis of any investment decision nor does it constitute a recommendation or advice as to how the reader should act on any matter. The information in this Document is an overview only and does not contain or purport to contain information necessary for investment decisions. In making any investment decision, investors should rely on their own examination of Dairy Farm and consult with their own legal, tax, business and/or financial advisors in connection with any acquisition of securities. The information contained in this Document has been prepared in good faith by Dairy Farm and it may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to Dairy Farm’s businesses and operations, market conditions, results of operational and financial conditions, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to rely on these forward looking statements. Dairy Farm does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside Dairy Farm’s control. Past performance is not a reliable indication of future performance. This Document does not constitute or contain an offer for purchase or invitation to purchase any securities and neither this Document nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. -
Understanding the Beauty and Health Retailers in Hong Kong
UNDERSTANDING THE BEAUTY AND HEALTH RETAILERS IN HONG KONG CONTENTS Overview of Distribution Channels Online Retailer in Hong Kong and Macau 04 1. Hong Kong Retailers’ Own Website 22 Brick-and-mortar Retail Stores in Hong Kong 2. E-commerce Platform in Hong Kong 23 1. Department Stores 06 3. Cross-border E-commerce Platform in China 23 2. Beauty Specialty Stores 10 3. Pharmacy Stores 13 Hong Kong Beauty and Health Trade Events 26 4. Supermarkets 14 Austrade Contacts 27 5. Multi-brand Shops 16 6. Health and Organic Stores 19 7. Australian Brand Stores 21 Disclaimer Copyright © Commonwealth of Australia 2019 This report has been prepared by the Commonwealth of Australia represented by the Australian Trade and Investment Commission (Austrade). The report is a general overview and is not intended to The material in this document is licensed under a Creative Commons provide exhaustive coverage of the topic. The information is made Attribution – 4.0 International licence, with the exception of: available on the understanding that the Commonwealth of Australia is • the Commonwealth Coat of Arms not providing professional advice. • the Australian Trade and Investment Commission’s logo While care has been taken to ensure the information in this report • any third party material is accurate, the Commonwealth does not accept any liability for any • any material protected by a trade mark loss arising from reliance on the information, or from any error or • any images and photographs. omission, in the report. More information on this CC BY licence is set out at the creative Any person relying on this information does so at their own risk. -
Codeswitching in Print Advertisements in Hong Kong and Sweden
Department of Linguistics and Phonetics Supervisor: Gisela Håkansson Masters thesis in General Linguistics Spring Term 2006 Carrie Leung Codeswitching in print advertisements in Hong Kong and Sweden Table of contents Abstract 1. Introduction 1. 1. A brief account and comparison of language situation in Hong Kong and Sweden 1. 1. 1. Table. 1. Education mapping 1. 1. 2. Bilingualism in HK 1. 1. 3. Bilingualism in Sweden 1. 2. The role of English in Hong Kong and Sweden 2. Background literature 2. 1. What is codeswitching? 2. 1. 1. Codeswitching as a research topic 2. 2. Motivations for codeswitching 2. 2. 1. Political and cultural aspects 2. 2. 2. Social and psychological aspects 2. 2. 3. Travellers and tourists 2. 2. 4. Bilingual punning 2. 2. 5. A gap in the register and principle of economy 2. 2. 6. “Limited access to terms theory” 2. 2. 7. Attitude: English is a threat? Chinglish vs. Svengelska 2. 3. Codeswitching vs. borrowing 2. 4. Loanwords from English in Cantonese and Swedish 2. 5. Structural aspect of codeswitching 2. 6. Anglicized advertising discourse 3. Methodology 3. 1. The aim of the present study and hypotheses 3. 1. 1. Ideological functions of advertising 3. 1. 2. Constraints on the use of English 3. 1. 3. Areas in which English is most used 3. 1. 4. Hypotheses A, B 3. 2. Materials and experimental design 3. 3. Data analysis 3. 3. 1. Hong Kong data 3. 3. 2. Swedish data 2 4. Results 4. 1. An overview of Hong Kong and Swedish data Tables 2, 3, 4 4. -
Dairy Farm International Holdings Limited
Annual ReportAnnual 2017 Dairy Farm International Holdings Limited Annual Report 2017 Our Goal : “To give our customers across Asia a store they TRUST, delivering QUALITY, SERVICE and VALUE” Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s businesses are managed from Hong Kong by Dairy Farm Management Services Limited through its regional offices. Dairy Farm is a member of the Jardine Matheson Group. A member of the Jardine Matheson Group Contents 2 Corporate Information 3 Dairy Farm At-a-Glance 4 Highlights 6 Chairman’s Statement 8 Group Chief Executive’s Review 12 Feature Stories 16 Business Review 16 Food 22 Health and Beauty 26 Home Furnishings 30 Restaurants 34 Financial Review 37 Directors’ Profiles 39 Our Leadership 42 Financial Statements 100 Independent Auditors’ Report 108 Five Year Summary 109 Responsibility Statement 110 Corporate Governance 117 Principal Risks and Uncertainties 119 Shareholder Information 120 Retail Outlets Summary 121 Management and Offices Annual Report 2017 1 Corporate Information Directors Dairy Farm Management Services Limited Ben Keswick Chairman and Managing Director Ian McLeod Directors Group Chief Executive Ben Keswick Neil Galloway Chairman Mark Greenberg Ian McLeod Group Chief Executive George J. Ho Neil Galloway Adam Keswick Group Finance Director Sir Henry Keswick Choo Peng Chee Regional Director, North Asia (Food) Simon Keswick Gordon Farquhar Michael Kok Group Director, Health and Beauty Dr George C.G. Koo Martin Lindström Group Director, IKEA Anthony Nightingale Michael Wu Y.K. Pang Chairman and Managing Director, Maxim’s Jeremy Parr Mark Greenberg Lord Sassoon, Kt Y.K. -
Press Release Ahold to Divest Its Indonesian Operation to Hero
Press Release Royal Ahold Public Relations Date: April 29, 2003 For more information: +31 75 659 57 20 Ahold to divest its Indonesian operation to Hero Zaandam, The Netherlands, April 29, 2003 – Ahold hereby announces that it has reached agreement for the sale of its Indonesian operation to PT Hero Supermarket Tbk for approximately Euro 12 million, excluding proceeds from the sale of store inventory. This asset purchase agreement is subject to the approval of Hero’s shareholders and is expected to be finalized in the third quarter of 2003. Hero is a prominent food retail group listed on the Jakarta stock exchange with 200 outlets throughout Indonesia. The transaction involves 22 stores plus one under construction, and two distribution centers. The actual transfer of the stores and both distribution centers will take place following the approval of Hero shareholders. Staff at Ahold’s Indonesian headquarters are not included in the transaction, although Ahold is committed to meeting its obligations to these associates. The divestment of Ahold’s activities in Indonesia is part of the company’s strategic plan to restructure its portfolio to focus on high-performing businesses, to concentrate on its mature and most stable markets and to reduce its debt. Ahold first entered the Indonesian market through a technical service agreement with the PSP group in 1996. That agreement ended in 2002 and Ahold Tops Indonesia became a wholly-owned subsidiary. Unaudited net sales in 2002 amounted to approximately Euro 37 million. Ahold employs approximately 1,600 people in Indonesia. Ahold Corporate Communications: +31.75.659.5720 ------------------------------------------------------------------------------------------------------------------------------------------------------------ Certain statements in this press release are “forward-looking statements” within the meaning of U.S. -
Overseas Packaging Study Tour VAMP.006 1996
Overseas packaging study tour VAMP.006 1996 Prepared by: B. Lee ISBN: 1 74036 973 4 Published: June 1996 © 1998 This publication is published by Meat & Livestock Australia Limited ABN 39 081 678 364 (MLA). Where possible, care is taken to ensure the accuracy of information in the publication. Reproduction in whole or in part of this publication is prohibited without the prior written consent of MLA. MEAT & LIVESTOCK AUSTRALIA CONTENTS 1.0 EXECUTIVE SUMMARY ............................................ 1 2.0 BACKGROUND .................................................... 4 3.0 THE INTERNATIONAL STUDY TOUR .............. .................. 6 3.1 Objectives of the International Study Tour ................................. 6 3.2 Study Tour Itinerary and Dates .......................................... 6 3.3 The Study Team ...................................................... 6 4.0 SUMMARY OF SITE VISITS ......................................... 7 4.1 Taiwan ............................................................. 7 4.2 Hong Kong .......................................................... 8 4.3 France .............................................................. 9 4.4 Holland ............................................................ l 0 4.5 United Kingdom ..................................................... 13 4.6 Canada ............................................................ 15 4.7 Summary Comments of Site Visits by Study Group ......................... 17 5.0 KEY FINDINGS FROM THE STUDY TOUR ....... .................... 18 5.1 -
FOR IMMEDIATE RELEASE Dairy Farm and the Food
FOR IMMEDIATE RELEASE Dairy Farm and The Food Bank Singapore launch Better Together - the first food donation drive focused on better nutrition for families in need ● First 10,000 meals to be donated by Dairy Farm to kick start initiative ● Target to drive donations of 10,000 meals every month SINGAPORE, 18 December 2020 - The Dairy Farm Group, who own retail supermarkets Giant and Cold Storage, today announced a partnership with The Food Bank Singapore to launch Better Together, a first-of-its-kind food donation drive focused on providing daily necessities and more nutritious products to families in need. The partnership kicks off with 10 pilot stores* across Cold Storage and Giant, with a view to roll out island-wide over the next few months. Dairy Farm will kick start the initiative with a donation of 10,000 meals to The Food Bank Singapore’s beneficiaries - a target the initiative hopes to achieve with the help of customers every month. Better Together combines the scale and reach of Dairy Farm supermarkets, and The Food Bank Singapore’s extensive network and expertise with food donations which supports 370 organisations, serving over 100,000 families. Better Together was also organised in support of SG Cares Giving Week which took place earlier in the month. CLOSING THE NUTRITIONAL GAP IN FOOD DONATIONS According to The Hunger Report 2019, a study commissioned by The Food Bank Singapore conducted by the Singapore Management University Lien Centre for Social Innovation, 10.4% of Singaporean households experienced food insecurity – defined as when a household does not have access to food for a healthy life - at least once in 12 months.