Brief: Kingboard Laminates Expects FY Net Profit Of About HK$6.5 Bln-HK$7 Bln

Kingboard Laminates Holdings

18/01/2022 09:47

Jan 18 (Reuters) - Kingboard Laminates Holdings Ltd
 1888.HK :
    * SEES NET PROFIT OF APPROXIMATELY HK$6.5 BILLION TO HK$7
BILLION
FOR YEAR
    * EXPECTED RESULT DUE TO STRONG MARKET DEMAND WITH
SIGNIFICANT
INCREASE IN BOTH UNIT SELLING PRICE & QUANTITY OF GROUP'S
PRODUCTS
    * DUE TO UNDERSUPPLY OF UPSTREAM MATERIALS LIKE COPPER FOIL,
GLASS
FABRIC, EPOXY RESIN, PRODUCT UNIT PRICES STAYED HIGHER IN FY

Further company coverage:  1888.HK 

 ((Reuters.Briefs@thomsonreuters.com;))