SUNZEN (0148) SUNZEN BIOTECH BHD : An UnderDiscovered Gem in Traditional Chinese Medicine

In year 2018, Sunzen successful acquire Ecolite Biotech Manufacturing Sdn Bhd to diversify into the human health products. Ecolite is a health and wellness company that are highly dedicated to develop herbal nourishments inspired by nature and the healing wonders of herbs. Ranging from bird’s nest, The Joy of Life collagen drink, Pu Yao Jing tonic, essence of chicken, essence of fish, Pi Pa Gao cough syrup, Bai Foong Wan, food supplements, dried herbs and more. The products are widely distributed to all consumers through retail concept stores in Malaysia as well in Ecolite store online shop.

Source: Sunzen's Annual Report

Who is Ecolite?
Ecolite® is a health and wellness company, passionate about providing nourishment to help people be well and committed to making nourishment accessible in simple and convenient ways. We are dedicated to developing products based on our expertise in herbal nourishments inspired by nature. Ranging from bird’s nest, The Joy of Life collagen drink, Pu Yao Jing tonic, essence of chicken, essence of fish, Pi Pa Gao cough syrup, Bai Foong Wan, food supplements, dried herbs and more.

Source: ecolite.com.my


A Potential Turnaround - From Losses to Profits?


Source: Chinapress


Expand Tradtional Chinese Medicine Business: Strive for a Slice of the  RM32 billion Market! 

Source: The Star

 

"KUALA LUMPUR: Maker of animal and human health products, Sunzen Biotech Bhd, is focusing on expanding its traditional Chinese medicine (TCM) business partly by making it more adaptable to the younger segment as it strives for a slice of the RM32bil market.

It also plans to expand the business through leveraging on the boom of the digital marketing platforms during the movement control order (MCO) which began on March 18.

Newly appointed group managing director Teo Yek Ming told StarBiz that the expansion into the TCM business has been found to be more accessible and widely accepted by the general public.

“Such products may only have been known by the older generation previously, but through the efforts of its subsidiary Ecolite Biotech Manufacturing Sdn Bhd, these products have reached the younger group and even penetrated the Malay market, which is a rare feat, ” he said in an email interview.

Teo was appointed to his current position on June 16.

Ecolite is a 70%-owned subsidiary of Sunzen. Established in Malaysia almost 20 years ago, Ecolite has expanded its traditional Chinese medicine product portfolio to 300 varieties, from bird’s nest, tonics, and essence, to formulated herbs and single herbs.

TCM and the herbal market have recently gained a strong momentum and many companies are investing heavily in these areas."

Source: The Star

 

Net Cash Position with RM30 million cash & fixed deposits


Source: Sunzen Q1 Quarterly Result

 

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