Lee & Man Paper Posts Stronger 2025 Earnings and Raises Payout

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2026.03.10 04:18
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Lee & Man Paper Manufacturing (HK:2314) reported a revenue increase to HK$26.64 billion for 2025, up from HK$25.99 billion, with net profit rising to HK$1.94 billion. The board proposed a final dividend of HK9.3 cents per share, maintaining a 35% payout ratio. Profit before tax reached HK$2.26 billion, supported by lower finance costs. Total comprehensive income surged to HK$2.92 billion, reflecting improved financial resilience. Analysts rate the stock as a Buy with a target price of HK$4.50.