China Tobacco International Forecasts Rise of 30% or More in 2024 Profit

MT Newswires Live12-16

China Tobacco International (HK) (HKG:6055) expects a year-over-year rise of at least 30% in attributable profit for the year ending Dec. 31, a Monday bourse filing said.

The tobacco company attributed the higher anticipated profit mainly to a higher gross profit of its tobacco leaf product import and export, cigarette export, and Brazil operation business wings.

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