V.S.INT'L：AnnualReport201920.pdf

1、1V.S.International Group Limited Annual Report 2019/20Contents PageCorporate Profile 2Corporate Structure 3Financial Highlights 4Chairmans Statement 6Management Discussion and Analysis of Results of Operations 8Environmental,Social and Governance(ESG)Report 14Directors and Senior Management Profile

2、23Corporate Governance Report 27Report of the Directors 41Independent Auditors Report 58Consolidated Income Statement 65Consolidated Statement of Comprehensive Income 66Consolidated Statement of Financial Position 67Consolidated Statement of Changes in Equity 69Consolidated Statement of Cash Flows 7

3、0Notes to the Consolidated Financial Statements 71Corporate Information 141Group Property 143Five Years Summary 1442V.S.International Group Limited Annual Report 2019/20Corporate ProfileV.S.International Group Limited(“Company”)and its subsidiaries(collectively referred to as the“Group”)are principa

4、lly engaged in the manufacturing and sale of plastic moulded products and parts,assembling of electronic products and moulds design and fabrication.The Group commenced its business in 1997 in Shenzhen,the Peoples Republic of China(“PRC”)and was listed on the Main Board of The Stock Exchange of Hong

5、Kong Limited(“Stock Exchange”)in February 2002.The Company is a subsidiary of V.S.Industry Berhad,a company incorporated in Malaysia with limited liability,the shares of which are listed on the Main Market of Bursa Malaysia Securities Berhad.The Groups main production facility is located at Zhuhai i

6、n the PRC.In addition,it has an associated company in Hanoi,Vietnam,which is principally engaged in contract manufacturing of plastic moulded products for international brands of electronics consumer products.The Group is a leading integrated electronics manufacturing services(“EMS”)provider,and tog