Uni-President China's net profit rose nearly 11pc last year

Food and beverage giant Uni-President China's (0220) net profit increased 10.9 percent to 2.05 billion yuan(HK$2.32 billion), according to a filing published on Wednesday.

The company will pay a final dividend of 47.47 cents per share.

Besides, its revenue climbed 4.6 percent to 31.71 billion yuan, while earnings before interest, taxes, depreciation and amortization increased 6.6 percent to 3.86 billion.

Revenue from the food business rose 5 percent to 10. 49 billion yuan, which accounted for 33.1 percent of the Group's total revenue.

Besides, revenue from the beverages business, which accounts for 61.4 percent of the total revenue, increased 1.2 percent to 19.47 billion.

Group gross margin was 33.2 percent, up by 0.7 percentage points compared with last year, which was driven by the improved production efficiency and the decrease in the cost of certain key raw materials.