5
Cordlife Group Limited
Annual Report 2016
Chairman’s Message
“Today, Cordlife
has grown into
a Pan-Asian
company with
operations across
the region in six
countries.”
DEAR VALUED SHAREHOLDERS,
On behalf of the Board of Directors of Cordlife Group Limited, it gives me
great pleasure to present you our annual report for the nancial year ended
June 30, 2016 (“FY2016”).
During the year under review, the Group underwent several key events,
which included the sale of our shares and convertible note in China Cord
Blood Corporation (“CCBC”); increasing our stake in Malaysia’s rst stem
cell banking company, Stemlife Berhad (“Stemlife”), from 31.81% to 89.88%;
and strengthening our executive management team with the appointment of
a new Group Chief Executive Of cer, Dr Wong Chiang Yin and Group Chief
Operating Of cer, Ms Tan Poh Lan.
From our humble beginnings, we are excited to mark our 15th year as a
mother and child company in the consumer healthcare industry, which we are
passionate about delivering quality service and improving our clients’ lives.
Today, Cordlife has grown into a Pan-Asian company with operations across
the region in six countries. We have the largest market share of private cord
blood banks in Singapore, Malaysia, Indonesia and Philippines. In Hong Kong
and India, we are amongst the top three players in the private cord blood
banking industry.
We put our success down to our strong commitment to create value for all our
shareholders and improve the quality of life for our clients with our products
and services. As we proceed onto our next stage of growth, we continue to
remain grounded in our core values to provide growth for our businesses.
Overall Performance of the Group in FY2016
For the year under review, we continued to deliver top line growth where our
revenue increased 3.5% to S$59.6 million and the Group recorded a net pro t
of S$12.6 million.
“From our humble beginnings, we are excited to
mark our 15th year as a mother and child company
in the consumer healthcare industry, which we are
passionate about delivering quality service and
improving our clients’ lives.”
