2. 1. ABOUT NEW SKIN • A world class latex glove producer
• Produces two types of gloves:-
- Natural Rubber latex gloves
(80%) & Nitrile gloves (20%)
• Leading international
manufacturer, distributor and
marketer.
• Exporting to over 100 countries NEW SKIN SDN.BHD
worldwide in the regions of:
- United States of America (USA)
- Europe MAIN FACTORY
- Asia Pacific No. 7, Kawasan Perusahaan
Suria,
• Total production : 45600 Pulau Indah, Klang
Selangor Darul
- 16 bil pcs/year, 10% of the Ehsan, Malaysia
• Tel: +603 - 3280 1007
world’s demand. • Fax: +603 - 3271 1007 2
• Email:
3. Our Vision
1. ABOUT NEW SKIN
We Strive To Be The
World’s Leading
Manufacturer
With Excellent Quality
Gloves Products
And Services That
Enrich
And Protect Human
Lives 3
4. 1. ABOUT NEW SKIN Historical Background
INCEPTION OF
• Has its own brand, THE FIRST PLANT
New Skin
• Diversified to Nitrile • Manufacture
Glove Production • 50 employees only Latex Gloves
• Now owns 3 plants • Starting capital 1 • Public Listed
• Gained substantial million Company
foothold and • Producing NR Latex
command significant glove. FOUNDED BY
market share in the MR.GO &
world glove market. FRIENDS IN 2007
NEW SKIN
SDN.BHD- NOW
IN 2011
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5. 1. ABOUT NEW SKIN Board Of Directors
Managing
Director
Mr. Go Ren Quan,
Malaysian.
Executive Manager Executive Manager Executive Manager Executive Manager
Mr. M. Mahdi Ms. Aisyah Ms. Afsana Ms. Kalaichelvi
Mesbahi, Iranian. Ibrahim, Malaysian. Husain, Rajagopal, Malaysia
Bangladeshi n
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6. 1. ABOUT NEW SKIN Research & Development
• To stay ahead in the industry, Research and
Development (R&D) is a primary consideration of
New Skin Sdn. Bhd.
• OUR holistic views of R &D has given us a far
superior head start in terms of our product
efficacy, technological prowess in our engineering
capabilities and above all, speed to market.
• Echoing this sentiment, Plant 3 is now fully
operational and able to surpass our targeted
productivity from 12,000 pieces of gloves per hour
per line.
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7. 1. ABOUT NEW SKIN Human Capital
• Employees are indeed the most valuable assets and play an
integral role in the continued success of our business.
• New Skin Sdn. Bhd are committed in
recruiting, developing, rewarding and retaining a quality
workforce.
• New Skin started its operation with:
50 – 2007 (manufacturing only NR latex gloves + 1st Plant)
80 – 2008 (extension of production lines &
establishment)
250 – 2009 (started manufacturing nitrile gloves+ 2nd Plant)
250 – 2010 (extension of production lines 7 &
8. 1. ABOUT NEW SKIN New Skin’s Customers
Pharmaceutical - To protect against chemical splashes in
the manufacturing, extraction, processing, purification and
packaging of chemical materials etc.
Laboratory - As an excellent biological barrier and as safet
measures when handling chemicals.
Dental – For the use of dental healthcare practitioners.
Medical - For the use of surgeons, nurses etc to prevent
possible transmission of diseases.
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9. 1. ABOUT NEW SKIN New Skin’s Suppliers
1. Chemical Company of Malaysia Berhad (CCM)
• Recognized leader and steward in corporate safety
and environment management.
• Provide chemical products and applications
2. Medical Rubber Product Sdn Bhd
• Leading manufacturer and exporter of natural and
Synthetic rubber supply.
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10. 1. ABOUT NEW SKIN New Skin’s Technology
1. High Efficiency Production Lines with Glove Removal System
• Capable to produce 12,000 pieces of gloves per hour per line.
• Ensured with stable operating process parameters.
2. Automatic Product Handling System
• Product movement processes from production to warehouse
and to customers via conveyors and lifting systems and
• Electronically via Information Systems – ERP, RFID and
barcode traceability systems.
10
11. 1. ABOUT NEW SKIN New Skin Environmental
Performance
• To protect our valuable water source and air quality
• Committed to maintaining the quality of our effluent
water discharge and air emission to levels that are far
below allowable limits set by JAS.
• Fully aware of the laws, Environmental Quality Act
1974
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12. 2. NEW SKIN’S PRODUCTS Latex Gloves
• provide strong barrier against pathogen, contaminations
• the best alternative for powdered gloves
• reducing the risk of allergy
• designed to fit hand structure perfectly
• equipped with grip properties
• designed with the surgeon in mind
• gloves fit like a second skin
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13. 2. NEW SKIN’S PRODUCTS Nitrile Gloves
• soft and stretchy
• exceptional protection against chemicals and blood borne
pathogens
• highly elastic, strong, comfortable and durable
• provides high levels of tactile sensitivity, comfort and
security even over long hours of usage.
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15. 3. FINANCIAL PERFORMANCE
T-accounts
Start up business with capital 1,000,000 cash at 1/1/2007
1,000,000
and POSITION
Bank (Cash) Owner’s Equity
Dt Cr
Depreciation expenses of equipment 10,500 (5%) for year 2007.
Depreciation expenses of Accumulated Depreciation
Equipment of Equipment
Dt Cr
15
16. 3. FINANCIAL PERFORMANCE
Income Statements of 5 Years
2007 2008 2009 2010 2011
and POSITION
Revenue from Sales of Good 1,000,000 1,500,000 4,200,000 5,000,000 6,500,000
Cost of Sales (901,000) (1,146,000) (3,586,000) (4,304,000) (4,750,000)
Gross Profit 99,000 354,000 614,000 696,000 1,750,000
Research and development Expenses (50,000) (50,000) (60,000)
Administration expenses (10,000) (15,000) (45,000) (70,000) (100,000)
Other operating expenses/CSR (20,000) (35,000) (55,000) (75,000) (110,000)
Operating Income/Profit 69,000 304,000 464,000 501,000 1,480,000
Other income(expenses)
Depreciation expenses (14,500) (25,000) (35,500) (39,000) (39,000)
Interest Expenses (10,000) (10,000) (12,000) (13,000)
Interest and discount received 1,000
Profit before Taxation 55,500 269,000 418,500 450,000 1,428,000
Taxation (25%) (13,875) (67,250) (104,625) (112,500) (357,000)
Net Profit for the Year 41,625 201,750 313,875 337,500 1,071,000
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17. 3. FINANCIAL PERFORMANCE
Financial Positions of 5 Years
Assets
2007 2008 2009 2010 2011
and POSITION
ASSETS
Non-current Assets
Property and Plant facilities 600,000 600,000 2,100,000 2,100,000 2,100,000
Equipments and Machinery 210,000 420,000 420,000 420,000 700,000
Accumulated Depreciation (10,500) (31,500) (63,000) (98,000) (133,000)
Net Equipment and Machinery 799,500 988,500 2,457,000 2,422,000 2,667,000
Vehicles 50,000 50,000 50,000 50,000 50,000
Accumulated Depreciation (4,000) (8,000) (12,000) (16,000) (20,000)
Net Vehicles 46,000 42,000 38,000 34,000 30,000
Total 845,500 1,030,500 2,495,000 2,456,000 2,697,000
Current Assets
Inventory 100,000 250,000 30,000 80,000 30,000
Trade Receivables 20,000 130,000 80,000 210,000 230,000
Prepaid Expenses 2,400 2,400
Investment 10,000 30,000
Cash and Bank balances 96,125 102,875 792,250 291,350 631,350
Total 216,125 482,875 902,250 593,750 923,750
TOTAL ASSETS 1,061,625 1,513,375 3,397,250 3,049,750 3,620,750
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18. 3. FINANCIAL PERFORMANCE
Financial Positions of 5 Years
Equities and Liabilities
2007 2008 2009 2010 2011
and POSITION
ASSETS
TOTAL ASSETS 1,061,625 1,513,375 3,397,250 3,049,750 3,620,750
EQUITY AND LIABILITY
Equity
Owners Capital 1,000,000 1,041,625 1,243,375 1,557,250 1,894,750
Retained Profits 41,625 201,750 313,875 337,500 1,071,000
Total Equity 1,041,625 1,243,375 1,557,250 1,894,750 2,965,750
Liabilities
Non-current Liabilities
Bank Loan 250,000 1,800,000 1,050,000 550,000
Total - 250,000 1,800,000 1,050,000 550,000
Current Liabilities
Payables 20,000 20,000 20,000 5,000 5,000
Deferred Revenue 20,000 50,000 50,000
Government Short Term Loan 50,000 50,000
Total 20,000 20,000 40,000 105,000 105,000
Total Liabilities 20,000 270,000 1,840,000 1,155,000 655,000
TOTAL EQUITY AND LIABILITY 1,061,625 1,513,375 3,397,250 3,049,750 3,620,750
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19. 4. FINANCIAL STATEMENTS
Net Profit in 5 Years
Net Profit for the Year
1,200,000 1,071,000
1,000,000
800,000
600,000
313,875 337,500
400,000
201,750
200,000 41,625
-
2007 2008 2009 2010 2011
New Skin has shown a strong and positive growth in Net Profit
where we only RM41, 625 in first year operation, but increase 24
times to 1 million profit in 2011 (5 years operation)
In year 2007, H1N1 pandemic induced company invest in
production capacity and in two years time, the net profit shown
that the strategic move is wise enough. 19
20. 4. FINANCIAL STATEMENTS
Total Expenses in 5 Years
Total Expences for the Year
6,000,000 5,429,000
4,662,500
5,000,000
3,886,125
4,000,000
3,000,000
2,000,000 958,375 1,298,250
1,000,000
-
2007 2008 2009 2010 2011
As the company grow bigger with expansion, the expenses of the
company will increase as well, as the cost of goods sold increase due
to increase of number of employees, the increase price of raw
material, the increase of operating cost, maintenance of
machineries.
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21. 4. FINANCIAL STATEMENTS
Total Revenue with COGS in 5 Years
7,000,000 6,500,000
6,000,000
5,000,000
5,000,000
4,200,000
4,750,000
4,000,000 4,304,000
3,000,000 3,586,000
2,000,000 1,500,000
1,000,000
1,000,000 1,146,000
901,000
-
2007 2008 2009 2010 2011
Revenue from Sales of Good Cost of Sales
The bigger jump of sales is during year 2009 where H1N1 pandemic
occurred globally which push glove demand to another high level.
From 1 million sales in first year, New Skin has achieved
incensement of 6 times to 6.5 million sales in year 2011.
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22. 4. FINANCIAL STATEMENTS
Total Assets in 5 Years
TOTAL ASSETS
4,000,000 3,620,750
3,397,250
3,500,000 3,049,750
3,000,000
2,500,000
2,000,000 1,513,375
1,500,000 1,061,625
1,000,000
500,000
-
2007 2008 2009 2010 2011
The asset of company consistently increase which is consistently
with the expansion and growing of the company.
Purchased of factory and equipment in 2009 as H1N1 pandemic
to increase production capacity
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23. 4. FINANCIAL STATEMENTS
Total Liabilities in 5 Years
Total Liabilities
2,000,000 1,840,000
1,800,000
1,600,000
1,400,000 1,155,000
1,200,000
1,000,000
800,000 655,000
600,000
270,000
400,000
200,000 20,000
-
2007 2008 2009 2010 2011
Highest liability during 2009 due to bank loan for new plant
and production capacity expansion
But the liability reduced consistently about 30% after that as
the return of investment started to generate income
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24. 4. FINANCIAL STATEMENTS
Total Eqiuty in 5 Years
Total Equity
2,965,750
3,000,000
2,500,000
1,894,750
2,000,000
1,557,250
1,500,000 1,243,375
1,041,625
1,000,000
500,000
-
2007 2008 2009 2010 2011
Consistent increase trend can be seen majoring contributed by
the consistent increase of retained profit from each years net
profit after taxation.
Consistent increase of 20% to 40%
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26. 5. PROJECTION OD BUSINESS
Projection of Business Prospect
In terms of Equity and Asset, we have started with RM1,000,000 and by 2011 it
reached RM1,894,750. The retained profit expected will continue to RISE as
PROSPECT
company will continue generate income. As company continue to expand with
new plant, more cash, more facilities, asset will continue to build up.
In terms of liability, HIGHEST figure achieved was RM1.8 million and the amount
continue to reduce about 30% per annum. Thus, as company direction increase
cash flow on hand and reduce debt, the figure will continue to decrease until
clear off the loan and left minima liability.
In terms of Sales and Cost of Good Sold, it is expected to increase in both
elements. However, the total revenue will sales will be made sure always higher
than COGS as that is our profit. As more cost reduction step in place, higher
profit margin able to be generated. 26
27. 5. PROJECTION OD BUSINESS
Projection of Business Prospect
In terms of Profit, New Skin’s profit has grown from RM41, 625 until RM 1
million in 2011, an increase of 24 times of increase over 5 years.
PROSPECT
The company is working on completing 4th plant, with an investment of RM 5
million. It is decided to the production of Nitrile gloves, could potentially add
another RM 1 million in revenue to the group annually, based on the current
average selling price.
New Skin future profit will able to achieve a consistent increase of 25% to
50% depending on the market fluctuation.
Target to achieve 10 million profit in future 5 years
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