Wealthmark International (holdings) Limited - 39- Profile

Wealthmark International (Holdings) Limited. The Group's principal activities are manufacturing and trading of handbag products and related accessories, provision of subcontracting services, trading of raw materials used in the manufacturing of handbag and related products and investment holding. The majority of its products are manufactured on an OEM basis and are sold through importers and agents to department stores in the USA and Europe. The Group's production facilities are further utilised to provide subcontracting services to customers in Asia and purchase raw materials from Taiwan and Korea and sell it to raw materials wholesalers in the People's Republic of China. Handbag products accounted for 96% of 2005 revenues, garments, 4% and dairy products, nom