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维达(03331.HK)料上半年木浆价格维持低位 续投放资提升高端产品比例
阿思达克 01-22 12:36

维达(03331.HK)行政总裁麦焘出席记者会时指出,受惠木浆价格下降约三成,加上产品组合改善及高端产品增长强劲,去年集团整体毛利率按年扩大2.9个百分点至31%。他续指木浆价格自去年初起下跌,估计现时已到接近生产成本水平,再下跌机会微,但亦未见明显上升势头,估计木浆价格上半年将维持低位,而下半年则维持稳定或轻微上升,强调木浆价格亦会受经济环境等因素影响。财务总裁谭奕怡补充,由於公司木浆库存有5-6个月,故料2020年将呈稳中向好情况,另外亦会继续投放资源提升高端产品比例,料对利润提升有帮助。

在产能方面,麦焘指出公司去年第二及第三季於湖北增加了6万吨产能,而位於新会的机器则因成本效益低等因素而停产,涉及3万吨产能,他预计公司未来资本开支将聚焦投资於高端纸巾生产产能,估计2020-2021年产能将增10%。

他续称,公司不会刻意提价,而是会透过推出创新产品改善定位,过往亦只有木浆价格突然大幅上升时才无可奈何提价,强调现时竞争激烈,相信高端化可助建立更好的产品组合。

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