Business Segments Lee & Man Paper Manufacturing Limited

Stocks

Market Closed - Hong Kong S.E. Other stock markets 09:08:11 17/07/2026 BST			5-day change	1st Jan Change
3.380 ^HKD	-0.59%		+7.64%	+20.71%

03-25	Lee & Man Paper to Guarantee Unit's 1.50 Billion Yuan Loan	MT
03-25	Lee & Man Paper Manufacturing Limited's Indirect Wholly-Owned Subsidiary Guigang Lee & Man Paper Company Limited Enters into Fixed Assets Loan Agreement for RMB 1,500 Million	CI

Breakdown by Business Segment (HKD)

Fiscal Period: December	2021	2022	2023	2024	2025
Converted Paper And Paperboard Products
Packaging Paper	27.55B	24.45B	19.94B	20.1B	20.18B
Total Assets	40.41B	37.72B	38.88B	39.02B	38.83B
CAPEX	-2.96B	-2.8B	-2.02B	-2.02B	-
D&A	1.23B	133M	120M	197M	207M
Operating Income	3.48B	748M	799M	766M	1.27B
Household Paper Products
Tissue Paper	4.73B	4.17B	4.68B	5.23B	6.02B
Total Assets	8.24B	8.48B	10.98B	11.76B	8.13B
CAPEX	-404M	-1.39B	-2.41B	-245M	-
D&A	67.46M	54.57M	50.48M	62.74M	51.29M
Operating Income	334M	677M	806M	942M	1.06B
Paper Manufacturing
Pulp	1.3B	1.81B	2.2B	3.14B	2.36B
Total Assets	1.89B	2.33B	2.72B	3.04B	8.79B
CAPEX	-41.4M	-715M	-682M	-1.08B	-
D&A	227M	3.84M	3.65M	3.59M	2.28M
Operating Income	7.52M	91.12M	46.62M	150M	101M
Eliminations	-1.07B	-1.27B	-1.89B	-2.48B	-1.91B
Total Assets	1.91B	1.8B	1.52B	1.52B	1.94B

Geographical breakdown of sales (HKD)

Fiscal Period: December	2021	2022	2023	2024	2025
People's Republic of China (PRC)	29.91B	25.96B	22.44B	23.14B	22.38B
Total Assets	5.77B	6.38B	6.65B	7.44B	8.19B
Total Assets	28.35B	27.68B	30.6B	31.81B	33.01B
Total Assets	914M	1.05B	1.02B	993M	959M
Malaysia and Vietnam	2.6B	3.21B	2.49B	2.86B	4.26B
Total Assets	2.41B	2.23B	2.35B	2.28B	2.24B
Total Assets	-	-	-	-	-
Total Assets	-	-	-	-	-