KINGBOARD HLDG (00148) Issues Profit Alert, Anticipates 2025 Net Profit to Surpass HK$4.32 Billion

Stock News02-23

KINGBOARD HLDG (00148) has announced a positive profit forecast. The group expects its net profit for the fiscal year ending December 31, 2025, to increase by more than 165% compared to the same period in 2024, reaching over HK$4.32 billion. This significant projected rise in net profit is primarily attributed to growth in the reported segment profit from the group's investment business, as well as increased profit from its copper-clad laminate division. Strong demand for copper-clad panels and their upstream materials, including glass fiber yarn, glass fiber cloth, and copper foil, has led to a general and noticeable increase in the unit price of these products. Additionally, sales volume has grown compared to the same period in 2024, with robust market demand currently prevailing.

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