Brief: Kingboard Laminates Holdings Posts FY Revenue Of HK$18,242.8 Mln

Kingboard Laminates Holdings

23/03/2018 04:58

March 23 (Reuters) - Kingboard Laminates Holdings Ltd
 1888.HK :
    * PROPOSED SPECIAL FINAL DIVIDEND NIL 
    * FY REVENUE HK$18,242.8 MILLION VERSUS HK$15,531.7 MILLION
    * PROPOSED FINAL DIVIDEND PER SHARE OF HK52.6 CENTS
    * FY REPORTED NET PROFIT ATTRIBUTABLE HK$3,764.5 MILLION
VERSUS
HK$4,346.6 MILLION
    * GROUP EXPECTS DEMAND FOR LAMINATES TO CONTINUE TO EXPAND
IN 2018
    * EXPECTED THAT SUPPLY OF LAMINATES & UPSTREAM MATERIALS
WILL
REMAIN TIGHT, DRIVING ONGOING STEADY PRICE INCREASES
    * IN 2018, EXPECTS THAT PERFORMANCE OF AVERAGE SELLING PRICE
OF
LAMINATES OF CO WILL YIELD BETTER RESULT THAN MARKET AVERAGE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5STD3r
Further company coverage:  1888.HK 

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