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India

Lee & Man Paper Manufacturing Ltd (2314.HK)

2314.HK on Hong Kong Stock

6.18HKD
13 Dec 2019
Change (% chg)

HK$0.16 (+2.66%)
Prev Close
HK$6.02
Open
HK$6.13
Day's High
HK$6.30
Day's Low
HK$6.13
Volume
8,498,000
Avg. Vol
5,807,065
52-wk High
HK$7.58
52-wk Low
HK$3.93

Latest Key Developments (Source: Significant Developments)

Lee & Man Paper Manufacturing Declares Interim Dividend Of Hk13 Cents Per Share
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::DECLARED INTERIM DIVIDEND OF HK13 CENTS PER SHARE.HY NET PROFIT DECREASED BY 43.6% TO HK$1.68 BILLION.HY REVENUE HK$12.95 BILLION, DOWN 20.9%.US-CHINA TRADE FRICTION IN H1 RESULTED IN INCREASE IN COST OF PAPER PRODUCTION, AFFECTING CONSUMER CONFIDENCE.WILL CONTINUE TO SEEK BUSINESS OPPORTUNITIES IN COUNTRIES AND CITIES ALONG BELT & ROAD.  Full Article

Lee & Man Paper Manufacturing Sees 43% Fall In H1 Profit Attributable
Monday, 29 Jul 2019 

July 29 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::PROFIT ATTRIBUTABLE FOR SIX MONTHS EXPECTED TO DECREASE BY APPROXIMATELY 43%.EXPECTED RESULT DUE TO DECREASE IN VOLUME AND SELLING PRICES OF PRODUCTS SOLD BY GROUP.EXPECTED RESULT DUE TO DECREASE IN VOLUME AND SELLING PRICES OF PRODUCTS SOLD BY GROUP.  Full Article

Lee & Man Paper Manufacturing Announces Proposed Issue Of $300 Mln 5.50% Senior Perpetual Capital Securities
Wednesday, 22 May 2019 

May 22 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::LEE & MAN PAPER MANUFACTURING LTD ANNOUNCES PROPOSED ISSUE OF US$300 MILLION 5.50% SENIOR PERPETUAL CAPITAL SECURITIES.  Full Article

Lee & Man Paper Manufacturing Says Co Entered Into Facility Agreement
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::CO ENTERED INTO FACILITY AGREEMENT IN RELATION TO A HK$2 BILLION TERM LOAN FACILITY TO BE MADE AVAILABLE TO VANTAGE DRAGON.UNIT AS BORROWER ENTERED FACILITY AGREEMENT IN RELATION TO HK$2 BILLION TERM LOAN FACILITY TO BE MADE AVAILABLE TO UNIT.  Full Article

Lee & Man Paper Manufacturing Says FY Net Profit HK$4,880 Million Versus HK$5,040 Million
Monday, 11 Mar 2019 

March 11 (Reuters) - Lee & Man Paper Manufacturing Ltd <2314.HK>::FY NET PROFIT HK$4,880 MILLION VERSUS HK$5,040 MILLION.FY REVENUE FOR YEAR OF HK$32,208 MILLION VERSUS HK$25,837 MILLION.PROPOSED FINAL DIVIDEND OF HK15 CENTS PER SHARE.IN LATTER HALF OF 2018, SLACKENED DEMAND FOR DOWNSTREAM END PAPER PRODUCTS DRAGGED DOWN PROFIT MARGIN OF ENTIRE INDUSTRY.  Full Article