01861.HK announced that for the year ended December 31, 2021, the company's income was HK $610 million, down 8.3% from the same period last year; the profit attributable to the company's owners was HK $18.09 million, down 66% from the same period last year; earnings per share were HK7.7 cents, with a final dividend of HK0.94 cents per share.

The significant decrease in net profit was mainly due to, among other things, (I) lower overseas sales due to the continued COVID-19 epidemic and the global economic slowdown; (ii) significant increases in the prices of raw materials, including tinplate containers, solvents and gases; and (iii) overseas sales orders were adversely affected by the surge in shipping costs due to longer berthing time of cargo vessels during the COVID-19 epidemic. I