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维达国际(03331.HK):大宗商品价格下跌有利毛利率 人币升值有正面影响
阿思达克 01-27 12:28
维达国际(03331.HK)行政总裁李洁琳在业绩电话会议上表示,虽然疫情为公司业务环境带来很多不明朗及挑战,不过认为公众对卫生产品需求强劲,加上高端化策略见效,现时相关销售占比达三成,加上电商渠道亦维持强劲表现,现时已成集团最大的销售渠道,在「双十一」期间表现亦出色。主席李朝旺补充,去年集团高端化策略及女性卫生巾等的发展达到预期,对2021年再创新高有信心。

在扩产方面,集团位於阳江、浙江及湖北厂房的纸巾产能扩充将於2021年完成,料2021年的纸巾产能大约增加14万吨。虽然马来西亚疫情严重,但集团料马来西亚地区总部第一阶段将於2021年落成,而仓库届时能投入运作,相关工作亦如期进行中。

李洁琳指出近期大宗商品价格下跌有助提升毛利率,而集团成本节约措施亦见效,对未来发展有信心,而人民币升值对集团亦有正面影响。虽然近期木浆价格有自低位反弹,行内规模较细的企业或要加价,不过她认为木浆价格走势难料,强调集团有能力管理原材料价格变动,亦有相当部分的木浆库存,随着高毛利产品贡献扩大,对盈利亦有正面影响。

她指出去年下半年确实见到市场上有较多的价格促销活动,因为很多供应商都会积极部署「双十一」,虽面对价格下行压力,但上季毛利率不跌反升,反映公司具执行能力及渠道等应对价格挑战。(el/a) ~

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