Edition:
India

Lee & Man Paper Manufacturing Ltd (2314.HK)

2314.HK on Hong Kong Stock

5.03HKD
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Lee & Man Paper Manufacturing Posts FY Net Profit Of HK$‍5.04 Bln
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::FY NET PROFIT HK$‍5,040​ MILLION VERSUS HK$2,863 MILLION.‍REVENUE FOR YEAR OF HK$25,837 MILLION VERSUS HK$18,342 MILLION​.‍FINAL DIVIDEND OF HK20.0 CENTS PER SHARE.​.‍DESPITE SLOWDOWN IN ECONOMIC GROWTH 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"​."‍TISSUE PAPER BUSINESS IS EXPECTED TO CONTRIBUTE CONSIDERABLE PROFIT TO GROUP IN THE FUTURE"​.  Full Article

Lee & Man Paper Manufacturing's HY net profit rises 53.4%
Monday, 21 Aug 2017 

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.  Full Article

Lee & Man Paper Manufacturing says entered into a facility agreement
Tuesday, 4 Jul 2017 

July 4 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::Company entered into a facility agreement.Million Profit Corp entered facility agreement with consortium of lenders in relation to hk$2.4 billion term loan facility​.Lee family to legally and beneficially own in aggregate at least 51% of entire issued share capital of and equity interests in co.  Full Article