Vinda International's revenue rose by 11.1% year on year to HK$3,680.0 million, with its sales growth rate excelling the industry's average. Overall gross profit margin rose to 29.5% because of the optimization of the product mix.
Revenue from E-commerce extended to 5.1%.
In July 2014, Vinda International successfully built up a stronger business by acquiring the remaining 59% equity stake in V-Care, and integrating SCA's resources with its own in Mainland China, Hong Kong and Macau. The Group expects to gain larger market shares..
During the Period under review, the Group recorded an 11.1% growth year on year to HK$3,680.0 million in revenue and continued to maintain healthy development in its core business. Its gross profit rose by 13.3% year on year to HK$ 1,085.5 million. Overall gross profit margin rose to 29.5% because of the optimization of the product mix. Roll and non-roll products respectively accounted for 54.8% and 45.2% of the total sales, while higher-margin products such as softpack, box tissue and wet wipe posted significant sales growths of 37.2%, 11.8% and 63.2% year on year respectively.
