UOWGE and global institution UOW College Hong Kong win Business Excellence category
On Thursday, 15 October UOW Global Enterprises was named the winner of the Hong Kong-Australia Business Association (HKABA) NSW Chapter 2020 Business Awards for Business Excellence. The Award recognises significant achievements resulting from plans and actions in the commercial sector to and/or from Hong Kong SAR/China by an Australian organisation, in any industry sector.
The HKABA Business Awards is a national program that is designed to provide recognition and incentive to individuals and companies who strive for excellence in all aspects of international trade between Australia and Hong Kong SAR and China. They were established in 1987 to reinforce economic ties between Hong Kong Special Administrative Region and Australia. Members are local business professionals, SME operators and large corporates, with a total membership of approximately 1,000.
In 2019 the UOWGE group: achieved its 6th consecutive year of record financial results; delivered record profit before tax of $39.6m, an increase of $13m from 2018, and earned a record $169.8m in revenue, a growth of $34m from 2018.
The Group continues to invest in long-term strategies, including investments in international education institutions that provide value growth opportunities and diversification of revenue and assets.
UOWCHK delivered outstanding results in 2019 (36% above budget), and despite the highly challenging market situation due to COVID-19, has continued to deliver positive financial results into 2020 (forecast 21% above budget).
UOWGE Executive Director Business Transformation Kath McCollim accepted the award on behalf of UOWGE at the live awards event in Sydney, while UOW College Hong Kong President Vanessa Bourne provided responses during the Awards Ceremony live Q&A session.
Ms McCollim said the organisation was a strong candidate for the Business Excellence Award given its unwavering commitment to staff and student development, as well as its investment in Hong Kong’s local market, particularly during this year’s uncertain climate.
“We focused on the importance of technology during this period when ‘the new normal’ was being established,” said Ms McCollim. “Our staff are continuing to advance our program development and use the skills we have acquired during the pandemic to implement blended learning face-to-face, as well as an online hybrid model to offer new programs and a new pedagogy of teaching.”