Vinda International (03331) said its revenue increased 21.8% year-on-year to HK$1,963 million for the three months ended 30 September 2014, while gross profit increased by 42.2% to HK$617 million.
Benefiting from the optimised product portfolio and the lower production costs resulting from the downward trend in pulp prices, gross profit margin expanded by 4.5 percentage points to 31.4%.
Operating profit increased 78.7% to HK$219 million, including HK$40 million gain on fair value remeasurement of the pre-existing holding related to the acquisition of Vinda Personal Care Holdings.
For the nine months ended 30 September 2014, its revenue increased 14.6% year-on-year to HK$5,643 million, while gross profit increased 22.3% to HK$1,703 million.
Operating profit increased 11.5% to HK$564 million, while gross profit margin expanded by 2 percentage points to 30.2% and operating profit margin shrank by 0.3 percentage points to 10%.
29/10/2014 16:36
Vinda (03331) 9-month operating profit up 12% to HK$564m
- 經濟通
- 強化版MQ
- 強化版TQ
- 財曆
- Mobile
Web
