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Lee & Man Paper Reports Increased Revenue and Profit for 2024

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Lee & Man Paper Reports Increased Revenue and Profit for 2024

Lee & Man Paper Manufacturing ( (HK:2314) ) has issued an update.

Lee & Man Paper Manufacturing Limited announced its audited consolidated results for the year ended December 31, 2024, reporting a revenue of HK$25,995 million and a net profit of HK$1,358 million, showing an increase from the previous year. The company maintained a stable payout ratio of about 35% and proposed a final dividend of HK4.5 cents per share, indicating a solid financial performance and a positive outlook for stakeholders.

More about Lee & Man Paper Manufacturing

Lee & Man Paper Manufacturing Limited is a company incorporated in the Cayman Islands, focusing on the paper manufacturing industry. The company is listed on the Hong Kong Stock Exchange under the stock code 2314.

YTD Price Performance: -2.33%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.25B

For detailed information about 2314 stock, go to TipRanks’ Stock Analysis page.

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