More than a year ago I did a deep dive into Vitasoy International Holdings Limited (“Vitasoy”) (HKG:0345). As 2020 unfolded, the novel coronavirus pandemic battered its supply chains and markets. Business in Mainland China were significantly disrupted – particularly business in Wuhan and Hubei Province – the epicentre of the pandemic. Fast forward to today, Vitasoy has announced its annual results for the financial year (FY) ended 31 March 2021. Here are 8 interesting facts about the group’s latest earnings that investors should know about. 1. Steady earnings due to cost optimisation and receipt of government subsidies In spite of the Covid-19 disruption, Vitasoy stayed focused on its business fundamentals and saw a steady increase in revenue and earnings in FY2020/ 2021, led by the growth in the Mainland China market. The Group’s revenue increased by 4% to HK$7,520 million. Profit attributable to equity shareholders of the Company grew by 2% to HK$548 million....