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維達(03331.HK)料上半年木漿價格維持低位 續投放資提升高端產品比例
阿思達克 01-22 12:36

維達(03331.HK)行政總裁麥燾出席記者會時指出,受惠木漿價格下降約三成,加上產品組合改善及高端產品增長強勁,去年集團整體毛利率按年擴大2.9個百分點至31%。他續指木漿價格自去年初起下跌,估計現時已到接近生產成本水平,再下跌機會微,但亦未見明顯上升勢頭,估計木漿價格上半年將維持低位,而下半年則維持穩定或輕微上升,強調木漿價格亦會受經濟環境等因素影響。財務總裁譚奕怡補充,由於公司木漿庫存有5-6個月,故料2020年將呈穩中向好情況,另外亦會繼續投放資源提升高端產品比例,料對利潤提升有幫助。

在產能方面,麥燾指出公司去年第二及第三季於湖北增加了6萬噸產能,而位於新會的機器則因成本效益低等因素而停產,涉及3萬噸產能,他預計公司未來資本開支將聚焦投資於高端紙巾生產產能,估計2020-2021年產能將增10%。

他續稱,公司不會刻意提價,而是會透過推出創新產品改善定位,過往亦只有木漿價格突然大幅上升時才無可奈何提價,強調現時競爭激烈,相信高端化可助建立更好的產品組合。

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