Enviro- Hub Holding to become a leading integrated healthcare supplier in the region
Known for its recycling and glove-manufacturing business, Enviro- Hub is making its foray into B2C retail pharmaceutical outlets, R-Pharmacy, with the ambition of becoming a leading integrated healthcare supplier in the region.
Enviro-Hub, through its 40%-owned subsidiary, Pastel Care Sdn Bhd, is targeting to open 25 stores by end of this year, and 90-105 stores by 2024.
R Pharmacy’s mission is to make leading healthcare products more accessible to its customers. Established with millennials in mind, the retail pharmacy will focus on health supplements and medication brands that prioritise reliability. In-house pharmacists will be present at each retail store to provide tailored advice and premium services to customers. With its extensive product offerings, R Pharmacy aspires to position itself as the heartland pharmaceutical store of Malaysia.
The opening of R Pharmacy builds on Enviro-Hub’s ambition to become a leading integrated healthcare supplies player in the region. Last year, Enviro-Hub acquired Pastel Glove Sdn. Bhd. (“Pastel Glove”), a Malaysia-based glove maker with a production capacity of one billion gloves per annum. Enviro-Hub aims to grow the R Pharmacy brand to a total of 25 outlets across Malaysia by the end of the current financial year ending 31 December 2022. The expansion will likely be mainly funded using internal resources.
The opening of R Pharmacy reaffirms Enviro-Hub’s big push into the health supplies industry. In Feb 2022, the Group has recorded an earnings turnaround in FY2021 with a net profit of S$3.2 million, on the back of a 31% rise in revenue and expansion in gross margin to 22.8% in FY2021.
The increase in revenue is mainly due to the Group’s recycling business, which grew by 55% YoY on higher sales volume of trading and precious metal sales, as well as maiden contribution of S$1.6m newly acquired Pastel Glove. Beyond the demand generated by COVID-19, Pastel Glove will focus on specialized gloves, which will provide higher profit margins while ensuring demand from the niche segment of the glove market.
Building long-term business relationships is a fundamental approach for every businessman. You need a positive reputation to attract fresh leads. It satisfies customers’ review support in building new connections as well. Public relations and public affairs are almost similar as their primary purpose is to build connections.
Different methods of communication and offerings are used to strengthen connections for future benefits. Certain differences in their focus, approach, and nature separate them from each other. There is much confusion about these two strategic communication processes. Public affairs campaigns and the practice of managing communication are beneficial for both industry and the public both.
This article will help you to understand both of the points properly and know the difference between public affairs and public relations.
Public affairs vs public relations is one of the most popular topics today. People make silly mistakes just because they take both of the points the same. Despite many similarities, some factors separate them. Let’s see how.
What Is Public Relations?
Public relations is a strategic communication task that uses different means of communication to disseminate useful information among people. Before communicating, it is important to estimate public perceptions. Only valuable visitors respond to your information. After disseminating the information, you get a chance to identify what your consumers or visitors think about your brand or service.
Companies that deal publicly need to maintain a positive market reputation. So they tackle the challenges during media requests and shareholder inquiries effectively. In easy words, public relations is defined as a procedure to create and maintain a positive public reputation. Press releases and social media platforms are two of the best tools for public reputation. The role of public relations is to increase your brand awareness among the public in a less expensive manner.
What is Public Affairs?
Public affairs is a combined responsibility to disseminate information and maintain relations at various levels. The nature of public affairs is quite more political than we see in public relations. Public Affairs work on those topics which may affect or approach the public directly.
Legislation and public administration are two of the biggest examples of public affairs action plans. The role of public affairs includes alignments with noncorporate entities. According to the experts, public affairs is a much more effective relationship-building strategy for monitoring government relations and managing community affairs.
Many people have a question, what does public affairs do? There are a group of activities that include disseminating the information to stakeholders. The main purpose of this step is to influence the public and strengthen the agenda of the industry. Public affairs concentrations work at a vast level of government and politics, international affairs, public policy, and administration. It would be wrong to say that public affairs are limited to these criteria. They can serve you with the best possible results at various different levels.
Public Affairs vs Public Relations: How Are They Similar?
Despite some differences between public affairs and public relations, they are quite similar. You might be feeling a little confused about how they are similar if both have differences. The answer is the way some differences separate them and a few similarities connect them too. Raise the level of your understanding of both concepts by giving information.
The main motive of public relations and public affairs is to spread useful information. Both services depend on powerful campaign management strategies. In which creation, development, and execution are stepwise performances to make a campaign successful. Where PR representatives work harder to organize campaigns and generate public interest, public affairs experts are also responsible for building multimedia campaigns.
A public affairs representative is also responsible for encouraging the maximum number of people to participate in the campaign. We can see how public relations and public affairs strategies utilize a blend of digital and traditional marketing strategies. That also explains their similarities. The way public relations and public affairs experts use social media platforms also connects them.
Public affairs and public relations activities include research at an advanced level and analytical and critical thinking skills. You can use your previous or current public relations strategies for future campaigns as well. All these explanations are enough to explain how public relations and public affairs are similar, even with many differences.
Public Affairs vs. Public Relations: How Are They Different?
If there are twins in a family, it is common for them to have many similarities. Still, parents judge many differences to give them a separate identity. The same thing happens with public affairs and public relations. Both are similar, but there are some points where they are separate. The very first term on which we can differentiate them is the type of relationship building.
The main targeting aspect for public affairs campaigns is different than public relations. They focus on public life in their own way. They make an effort to check the public reactions and responses to their services and brands. Here we can see that public relations work in a unique manner. Public relations campaigns are much more focused on strengthening a particular link. Such a link is a packet of information about a brand, offers, discounts, new launches, and more. Differences in the objectives also separate them.
Public relations experts follow commercial objectives. On the other hand, public affairs are very much focused on public policies. A matter of discussion was always a matter of public relations vs. public affairs. Public affairs examples include Walmart and Coca-Cola brands. Wallmart is known for its legendary economic impact. If you talk about Coca-Cola, this brand has shown how to engage your stakeholders successfully. Public affairs strategies have made these brands so powerful.
I don’t think you will ask now, is public affairs the same as public relations. This article has clearly explained that both are similar in some ways and different in others too. You can use both in your business to get closer to your success goals in less time. We all perform our level best to survive with a great reputation in the competitive market. Smart strategies like public relations and public affairs bring opportunities for us. So use them in the right manner and enjoy the results.