Half Year 2019 Vinda International Holdings Ltd Earnings Call Transcript
Good morning, ladies and gentlemen. Welcome to Vinda International Interim Result Announcement 2019. Today, on the stage, we have Chairman, Mr. Li Chao Wang; CEO, Mr. Christoph Michalski; CFO and Company Secretary, Ms. Vicky Tan. Management will first present the results, and then we will open for Q&A.
Now I will pass the time to Mr. Li. Mr. Li, please.
(interpreted) Good morning. Welcome, and thank you for making the time for the 2019 Vinda interim result announcement. And in the first half of this year, we have seen very intense market competition. And for this morning, we will show you a splendid results.
Despite the challenging business environment, especially in the Mainland Chinese market, we have seen a solid growth rate, and we continue to achieve a double-digit growth in revenue, reinforcing our market leadership, and high-margin products such as softpack and wet wipes achieved remarkable growth. Both e-commerce and
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