Brief: Lee & Man Paper Manufacturing's HY net profit rises 53.4%

Lee & Man Paper Manufacturing

21/08/2017 05:09

Aug 21 (Reuters) - Lee & Man Paper Manufacturing Ltd 
 2314.HK  
    * HY net profit increased by 53.4 pct to HK$2.19 billion 
    * Declared interim dividend of HK17.0 cents per share. 
    * HY revenue increased by 36.7 pct to HK$11.44 billion 
    * Tissue paper business is therefore expected to contribute 
considerable profit to group 
    * In China, local demand for packaging paper is expected to 
grow steadily in long run 
    * Group is optimistic about outlook of both packaging paper 
segment and paper industry as a whole 
 
Source text for Eikon:  ID:nHKS3X9Glb  
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