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玖紙淨利衰退負債增 @ 2011-09-22T06: Back Hot News
Keyword:玖紙 負債
Concept:
受大陸出口景氣降溫影響,大陸富婆張茵的玖龍紙業(02689-HK)截至6月底年度淨利潤較前一年下跌10%,且負債率飆至101.7%;玖紙董事長張茵說,隨公司完成新布局及新項目投產,估計負債率2013年將回落至90%左右。玖紙昨天股價下降6.54%,收盤報3.57元港幣。
玖紙(2689)去年純利倒退9%,負債率及應收帳上升–玖龍紙業昨日收市後公布截至6月底止全年業績。雖然收入增加36%至243.9億元,但受主要原材料價格(包括木漿、廢紙及煤價)上升拖累,毛利率下跌4.5個百分點至17.3%,加上財務費用增加,令純利按年跌9.2%至19.7億元人民幣(下同),遜市場預期。除業績遜預期的不利因素外,集團的高負債及應收帳大增亦為隱憂。玖紙上年度為擴充產能籌集資金,銀行貸款增44%至239.8億元,負債比率由74%增至102%。另外,應收帳急升逾五成,或反映集團遭客戶拖數情況惡化。這可能與內地實行信貸緊縮有關,令玖紙的客戶面臨資金問題。

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