- Business
- Pak Fah Yeow International Limited (0239.HK) is an investment holding company principally engaged in the manufacture, marketing, and distribution of healthcare products under the Hoe Hin brand; property investments; and treasury investments including equity and debt securities, mutual funds, and dual currency investments. The company offers a diverse portfolio of medicated oils, balms, and ointments such as Hoe Hin White Flower Embrocation (also known as Hoe Hin Pak Fah Yeow), Hoe Hin Strain Relief, Hoe Hin White Flower Ointment, and Fúzai 239 (floral-scented White Flower Embrocation); these products provide relief from headaches, muscular pain, colds, insect bites, and strains, with manufacturing certified under PIC/S GMP, ISO 9001:2015, Therapeutic Goods Administration Australia, and Chinese Medicine Council of Hong Kong standards. It operates healthcare sales in Hong Kong, Macau, the People's Republic of China (including e-commerce expansion), Southeast Asia (notably Philippines and Singapore growth), North America (USA facing potential 2025 tariff risks), the United Kingdom, and internationally; property investments encompass commercial office, industrial, residential, and car park assets in Hong Kong, Singapore, and the United Kingdom; treasury activities focus on fixed deposits and surplus cash optimization. Founded in 1927 and headquartered at 11th Floor, 200 Gloucester Road, Wan Chai, Hong Kong (registered office in Bermuda), the company reported 2024 revenue of HK$236.8 million (down 8.6% year-on-year, with healthcare at 91.8%), underlying recurring profit of HK$103.6 million (down 13.0%), and proposed total dividends of HK20.0 cents per share amid softer China demand post-pandemic, Hong Kong rental pressures, and treasury gains from higher interest; it enhanced digital marketing, online channels in China, and production capacity supporting North America growth while maintaining full occupancy in UK/Singapore properties. No major acquisitions, partnerships, funding rounds, or new product launches occurred in 2024-2025; strategic focus remains on healthcare market expansion, e-commerce acceleration, and prudent asset management.