Heng International 6.43 billion half-year results

Fujian 2010-09-01 (China Business Telecommunications) - August 30 , Heng International Holdings Limited in Hong Kong, released mid-year report 2010 results . Center Daily News revealed that the first half of 2010 , Heng international performance is about 6,426,325,000 yuan ( Hong Kong dollar , the same below ), an increase of 25.7% over the same period last year ; profit of about 1,202,789,000 yuan , up 24.4% over last year ; basic earnings per share 98.6 cents , sent interim dividend of 60 cents per share .
Center Daily News revealed that as of June 30, 2010 , Heng international tissue business receipts increased by about 32.8% to approximately HK 2,926,017,000 yuan, accounting for the Group overall revenue of about 45.5% ( first half of 2009 : 43.1%) . Period, Heng International continues to produce and sell higher margin of tissue paper products (including boxed paper towels, handkerchief paper tissue and wet wipes , etc.) , while the gross margin lower tissue web product revenue accounted for about 38.1% of business receipts ( first half of 2009 : 34.1% ) .
In the first half , Heng Group sanitary napkin business to continue to get good growth , revenue increased by about 21.2% to approximately HK 1,443,095,000 yuan, accounting for approximately 22.5% of the Group's total revenue ( first half 2009 : 23.3 %). Although the main raw materials, petrochemical products and fluff pulp in the first half of 2010 the price has increased, but the proportion of high-end product sales continue to rise , improving product portfolio , coupled with the Group to continue to strengthen cost control and productivity measures To the Group 's overall gross margin in the sanitary napkin business to about 61.7% ( first half of 2009 : 59.3% ) .
In the first half , Heng Group diaper business receipts increased by about 15.0% to approximately HK 1,138,225,000 yuan, about 17.7% of total revenue ( first half 2009 : 19.4%) .
In addition , Heng Group is committed to the snack business development for the Group's fourth-largest business . Period, because the optimization of distribution networks and introduce new high-end products , snacks business, sales increased approximately 38.9% to approximately HK 670,105,000 yuan, accounting for 10.4% of Group's total revenue ( first half of 2009 : 9.4 %). Because the impact of rising raw material prices , gross margin decreased slightly during the period to about 37.6% ( first half of 2009 : 38.2% ) .