Vinda International integrates SCA Asia hygiene business, reports 19% increase in 1H 2016 revenue [Link]
OAKLAND, CA, July 21, 2016-
Vinda International Holdings reported a 19% increase in revenue in the six-month period ending in June 2016, to HK$5.7 billion, following the integration of the SCA Asia tissue business.
Operating profit rose 9.9% to HK$514.6 million. Net profit decreased by 2.9% year on year to HK$321 million due to increased financing and taxation cost, the company said.
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