Investor Presentaiton

Operating Profit Operating Profit (HK$M) 33.5% 703 527 1Q2020 1Q2021 Operating Profit Margin (%) Stable SG&A Continue to invest for brand building with focus on premium products and personal care 15.7% 14.9% 15.4% 17.3% 12.9% 14.2% 2020 1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 Vinda 6

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