Hong Kong-listed tissue maker Vinda jumps most in a year on higher dividend

Vinda International Holdings

26/01/2022 03:20

** Shares of tissue and napkins manufacturer Vinda
International Holdings Ltd  3331.HK  jump 7.8% to HK$21.50, the
biggest daily percentage gain since January 2021
    ** Stock hits the highest since Dec. 1; sixth biggest
percentage gainer in Hang Seng Composite Index  .HSCI  
    ** Says its total revenue for 2021 rose 13.1% year-on-year
while net profit fell 12.6% to HK$1.64 bln ($210.67 mln) amid
competition and increasing costs in commodity, logistic and
energy  urn:newsml:reuters.com:*:nFWN2U51CE
    ** Co proposes to pay a final dividend of HK$0.40 per share
to shareholders, as compared to HK$0.37 each in the previous
year, bringing the total dividend for the year to HK$0.50, 
against HK$0.47 in a year ago period
    ** Hang Seng Commerce & Industry Index  .HSNC  gains 0.2%
while Hang Seng Composite Industry Index on consumer staples
 .HSCICS  slips 0.8%
    ** Hang Seng Composite Index  .HSCI  and the benchmark Hang
Seng Index  .HSI  both climb 0.4%
    


($1 = 7.7848 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))