Hong Kong's Lee & Man Paper half-year revenue rises 21%, profit jumps

Lee & Man Paper Manufacturing

03/08/2026 05:20

Overview
Hong Kong paper producer's half-year revenue rose 21% yr/yr to HK$14.8 bln
Net income attributable to shareholders jumped 69% yr/yr to HK$1.37 bln
Company declared interim dividend of HK11.2 cents per share

Result Drivers
REVENUE GROWTH - Co said profit increase was mainly due to higher revenue

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$14.84 bln
 
H1 Net Income Attributable
 
HK$1.37 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the paper packaging peer group is "buy"
Wall Street's median 12-month price target for Lee & Man Paper Manufacturing Ltd is HK$3.80, about 5.2% below its July 31 closing price of HK$4.01
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Reuters Recommended Reads
July 31 - China's Xinyi Glass HY profit rises 17% on lower finance costs
July 31 - Hong Kong's QPL International swings to annual profit as revenue rises
July 31 - Hong Kong's Hang Lung Group interim revenue rises on China leasing growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)