理文造紙(02314.HK)貿易戰拖累包裝紙需求萎縮25%下半年旺季料有改善
理文造紙(02314.HK)首席執行官李文斌出席業績發布會時表示,受貿易戰影響生意額明顯下跌,內地包裝紙需求萎縮約25%,認為市場競爭相當激烈,導致供過於求的情況出現,料年內趨勢將持續。
他續稱由於想維持相應產量,加上無暫停生產線,所以包裝紙售價有所下跌,相信下半年踏入中秋節屬中國市場旺季,料需求應較上半年有所改善。
他又指出因應中國廢紙越來越貴,已在不同地方有投資漿板線供應予內地,倘投產會再作宣布,強調之後成品紙、漿板供應充足,故在原料層面並不擔心,反而較擔心需求問題。
他又指,現時公司有約42億元銀行結餘及現金,並一直有於外國尋找不同收購機會,除紙、漿及廁紙外,亦會尋找其他與行業相關的投資機遇。他強調即使進行收購,派息比率仍可維持30-35%左右。
針對人民幣弱勢,他認為對公司影響不大,因為公司所持的現金大部分是港元及美元,人民幣現金比例相對較少。
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