Brief: Lee & Man Paper Manufacturing says HY net profit increased by 27.7pct to HK$1.43 bln

Lee & Man Paper Manufacturing

01/08/2016 05:08

Aug 1 (Reuters) - Lee & Man Paper Manufacturing Ltd  2314.HK : 
 
 * Interim results announcement for the six months ended 30 June 2016  2314.HK  
 * HY revenue decreased by 3.8% to HK$8.37 billion as compared to the last 
corresponding period 
 * Declared interim dividend of HK11.0 cents per share 
 * Manufacturing -HY net profit increased by 27.7% to HK$1.43 billion 
 * Paper production project in Vietnam - with an annual production capacity of 
400,000 tons - expected to begin operation in Q4 2016 
 * With demand for packaging paper in China expected to grow steadily in long 
run,group is confident about outlook of paper industry 
 
 * Source text for Eikon  ID:nHKSbmvGw2  
 
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