Brief: Hengan International Reports FY Profit Attributable RMB1.93 Billion

Hengan International

22/03/2023 04:24

March 22 (Reuters) - Hengan International Group Company
Ltd  1044.HK :
    * FY PROFIT ATTRIBUTABLE RMB1.93 BILLION VERSUS RMB3.27
BILLION
    * EXPECTS GROSS PROFIT MARGIN OF TISSUE PAPER BUSINESS WILL
IMPROVE BY SECOND HALF 
    * FY REVENUE RMB22.62 BILLION VERSUS RMB20.79 BILLION
    * DECLARED FINAL DIVIDEND RMB0.70 PER SHARE
    * DECREASE IN WOOD PULP PRICE IS EXPECTED TO REFLECT IN COST
OF
TISSUE PAPER BUSINESS IN SECOND HALF OF YEAR
    * WILL CLOSELY MONITOR IMPACT OF EXTERNAL FACTORS ON PRICES
OF
IMPORTED WOOD PULP, PETROCHEMICAL RAW MATERIALS, OTHER MATERIALS

Further company coverage:  1044.HK 

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