Summary by Moomoo AI
Lee & Man Paper announced in its mid-year report in 2024 that the group's revenue reached HKD 12.505 billion for the six months ended June 30, 2024, an increase of 2.4% year-on-year. Net profit increased significantly by 123.4% to HKD 0.806 billion, with earnings per share of 17.69 HK cents. The board of directors declared a mid-year dividend of 6.2 HK cents per share. During the period, the group actively promoted the integration of the industry chain, flexibly adjusted the supply of raw materials, and realized the goal of pulp and paper integration by taking advantage of the cost advantages through the smooth operation of overseas production bases in Vietnam and Malaysia. The group also actively expanded the markets along the Belt and Road and...Show More
