China Tobacco Hong Kong (06055.HK) announced that the group expects to record revenue growth of not less than 120% and profit growth of no less than 190% in the year ended December 31 this year.

Revenue and profit (except for the impact of sale proceeds) are expected to increase year-on-year, mainly due to the Group's close communication with the upper and lower reaches of the industrial chain and doing its best to reduce the impact of COVID-19 's epidemic on supply chain logistics. As a result, tobacco imports delayed shipment last year have arrived in Hong Kong one after another this year, resulting in a substantial increase in the income and operating results of the Group's tobacco import business compared with the previous year.