China Tobacco Hong Kong (06055) Fa Yingxi expects profit attributable to shareholders to increase by no less than 30% year-on-year in the interim

Zhitong Finance App News, China Tobacco Hong Kong (06055) announced that compared with the same period in 2023, the Group expects to achieve a revenue increase of not less than 10% for the six months ending June 30, 2024 (this period), and an increase of not less than 30% in profit attributable to company owners.

The Group's revenue and profit attributable to company owners increased during this period compared to the same period in 2023, mainly due to the following reasons: the Group actively grasped the opportunity for the continuous recovery of consumer traffic in duty-free shops after the pandemic, further optimized the cigarette product portfolio and increased the share of its own business, and achieved a significant increase in the revenue and gross profit of the Group's cigarette export business; due to seasonal fluctuations in tobacco leaves, the number of imported tobacco products increased during this period compared to the same period last year, and the Group actively organized Marketable supplies and optimized pricing strategies have increased the revenue and gross profit of the Group's tobacco products export business.