恒安(01044.HK):木浆价格回升料今年纸巾毛利率受压 无加价计划
恒安国际(01044.HK)财务总监李伟梁表示,2020年木浆价格曾跌至历史低位,加上人民币升值,令集团去年度毛利率提升3.7个百分点至42.3%,但去年第四季起木浆价格大幅上升,预期对今年纸巾产品毛利率造成压力。
他续指,在原材料成本较低时集团已相应增加库存,没有调整产品售价的计划,会控制促销活动及加强发展高端产品,以抵销成本上升的影响,认为国内市场仍渗透率偏低,对今年纸巾产品前景有信心。
集团去年口罩销售收入2.6亿元人民币,李伟梁指出,相关医疗用产品利润可观,已取得国内医疗口罩生产许可证并搭建全球销售渠道,现阶段正积极研究胶布、防护用品等各类产品,希望今年保持相若收入贡献比例。
恒安去年度资本开支约6亿元人民币,他预期今年将扩张生产线以提升产能,并有计划发展社区团购平台及O2O销售等新零售渠道,全年开支将超过去年水平,目标线上销售占比能够超过去年的19%。
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