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Lee & Man Paper to Discuss Interim Results and Dividend
Lee & Man Paper (02314.HK) held a board of directors meeting on August 1 to approve its mid-term performance.
Lee & Man Paper (02314.HK) announced on July 22 that a meeting of the board of directors will be held on August 1, 2024 to approve the company's and its subsidiaries' interim performance up to June 30, 2024, as well as to consider the distribution of interim dividends (if applicable).
LEE & MAN PAPER: Notice of Board Meeting
Lee & Man Paper (02314) rose more than 3% after the profit announcement. Expected profit in the first half of the year increased by 1.2 times compared to the same period last year.
Lee & Man Paper (02314) rose more than 3% after the profit announcement, as of press time, it rose 3.06%, closed at 2.35 Hong Kong dollars, turnover of 2.052 million Hong Kong dollars.
Hong Kong stock announcement: Pop Mart is expected to achieve a mid-term profit increase of no less than 90% year-on-year. Luk Fook Group's overall retail value fell by 18% year-on-year in the first quarter.
H&H International Holdings Limited (01112) is expected to see a decline in adjusted net profit of 30% to 40% YoY in the first half of this year.
Minsheng Securities: It is difficult for pulp prices to fall and the volatility is increasing, and profit improvement is expected.
On the one hand, the pulp production capacity of the above-mentioned companies is relatively low, while on the other hand, paper prices have strong resilience, and profit improvement can be expected.
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