Decline in Lee & Man’s result for 2018, further growth in tissue capacity

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China’s weak paper market in the second half of last year has burdened the financial result of Lee & Man. The net result generated by the second-largest paper group in China dropped from HKD5.04bn to HKD4.88bn in 2018. Sales, by contrast, grew by almost 25% to HKD32bn in the period under review. The producer of ...

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