Phoenix News Hong Kong Stock | China Tobacco Hong Kong (06055) announced that for the year ending December 30, 2020, the Group expects to record revenue growth of no less than 120% this year, and profit attributable to company owners not less than 190%.

The expected increase in the Group's revenue and profit attributable to company owners was mainly due to the following reasons: the Group closely communicated with the upstream and downstream of the industrial chain and made every effort to mitigate the impact of the COVID-19 pandemic on supply chain logistics. As a result, imported tobacco products delayed in 2020 arrived in Hong Kong one after another this year, causing the revenue and operating performance of the Group's tobacco product import business this year to rise sharply compared to 2020 (after the re-listing).