恆安(01044.HK):木漿價格回升料今年紙巾毛利率受壓 無加價計劃
恆安國際(01044.HK)財務總監李偉樑表示,2020年木漿價格曾跌至歷史低位,加上人民幣升值,令集團去年度毛利率提升3.7個百分點至42.3%,但去年第四季起木漿價格大幅上升,預期對今年紙巾產品毛利率造成壓力。
他續指,在原材料成本較低時集團已相應增加庫存,沒有調整產品售價的計劃,會控制促銷活動及加強發展高端產品,以抵銷成本上升的影響,認為國內市場仍滲透率偏低,對今年紙巾產品前景有信心。
集團去年口罩銷售收入2.6億元人民幣,李偉樑指出,相關醫療用產品利潤可觀,已取得國內醫療口罩生產許可證並搭建全球銷售渠道,現階段正積極研究膠布、防護用品等各類產品,希望今年保持相若收入貢獻比例。
恆安去年度資本開支約6億元人民幣,他預期今年將擴張生產線以提升產能,並有計劃發展社區團購平台及O2O銷售等新零售渠道,全年開支將超過去年水平,目標線上銷售佔比能夠超過去年的19%。
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