Vinda Environmental, Social & Governance Report

Gross Profit Margin Gross Profit (HK$M) 24.8% Gross Profit Margin (%) 31.0% 6.7ppts Vinda 37.7% 4,985 2019 Pulp Price Movement USD/ton 1000 900 800 700 600 500 400 6,223 2020 Long Fibre Short Fibre Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 2019 2020 GPM expansion: • • Continuous improvement in product mix Increasing contribution from personal care business Disciplined pricing management Lower raw material prices 6

View entire presentation