Brief: Vinda International Holdings Says Q1 Operating Profit Expected To Increase By Around 55%

Vinda International Holdings

15/04/2020 02:29

April 15 (Reuters) - Vinda International Holdings Ltd
 3331.HK :
    * COMPANY'S OPERATING PROFIT FOR Q12020 EXPECTED TO INCREASE
BY
AROUND 55%
    * CO PROFIT ATTRIBUTABLE FOR Q12020 IS EXPECTED TO INCREASE
BY
AROUND 65% AS COMPARED TO Q12019
    * POSITIVE PROFIT DEVELOPMENT OF Q12020 IS MAINLY DUE TO LOW
PULP
PRICE AND CONTINUOUS PORTFOLIO MIX ENHANCEMENT
    * REVENUE FOR Q12020 IS EXPECTED TO BE AROUND HK$3,419
MILLION
    * OPERATING PROFIT, PROFIT ATTRIBUTABLE FOR Q12020 EXPECTED
TO BE
AROUND HK$527 MILLION AND AROUND HK$377 MILLION, RESPECTIVELY

Source text for Eikon:  ID:nHKS213R4q 
Further company coverage:  3331.HK 

 ((Reuters.Briefs@thomsonreuters.com;))