The product quality has reached the national A1 level standard, meeting the needs of the national tobacco industry's "coke reduction project", achieving the goal of production first, and being widely used by many domestic cigarette factories to roll high-grade cigarette paper Our papers already occupied a large part of domestic market, and widely exported to NA, LATAM, EMEA and SEA...We will do more R&D on specialty papers in the future, try to serve our customers better and better
g = Perpetual growth rate r = Stable cost of equity (hurdle rate) D1 = Value of next years dividends P = Current stock price British American Tobacco targets a ~65% payout ratio of adjusted diluted EPS
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Matte, gloss, soft-touch, foil stamping, embossing, and spot UV all available on every style