China Tobacco Hong Kong (06055) rose more than 4%. As of press release, it rose 4.53% to HK$10.16, with a turnover of HK$11.986 million.
The Zhitong Finance App learned that China Tobacco Hong Kong (06055) rose by more than 4%. As of press release, it had risen 4.53% to HK$10.16, with a turnover of HK$11.986 million.
According to the news, China Tobacco Hong Kong announced its annual results for the year ended December 31, 2023, with revenue of approximately HK$11.836 billion, up 42% year on year; profit attributable to the company's equity holders was HK$599 million, up 60% year on year; and gross profit increased 35% year on year to HK$1,088.3 million. A proposed final dividend of HK$0.32 per share.
According to the announcement, the increase in the Group's overall financial performance was mainly driven by the growth of tobacco leaf product import business, cigarette export business and Brazilian business. The year-on-year profit attributable to the company's equity holders and the year-on-year increase in the Group's profit were mainly driven by tobacco product imports, cigarette exports, Brazilian business growth, and interest income growth.