Lee & Man annual profits increase by 76%

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Profits in 2017 at Lee & Man Paper Manufacturing have increased by 76% on the year before, the company has revealed.

The containerboard and tissue manufacturer reported profits to 31 December 2017 of HK$5,040 million (£464 million) compared to HK$2,863 million (£263 million) in FY2016.

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Its revenue in 2017 was HK$25,837 (£2.38 billion) up from HK$18,342 (£1.683 billion) in 2016.

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