HK-listed Kingboard Laminates drops 9 pct as H1 profit narrows

Kingboard Laminates Holdings

24/08/2018 07:48

** Shares in laminates manufacturer Kingboard Laminates
Holdings Ltd  1888.HK  slide 9.4 pct to HK$7.29, after it posts
a fall in first-half profit 
    ** Stock set for its worst day in 3 weeks 
    ** Co's H1 profit attributable decreases by 6.3 pct to
HK$1.78 billion from HK$2.01 billion, due to cost inflation
 urn:newsml:reuters.com:*:nFWN1VE0TX
    ** As of the previous close, the stock has fallen 33.91
percent so far this year
    ** As of 0609 GMT, about 7.25 million shares of the company
have been traded, about 113.6 percent of their 30-day moving
average of 6.39 million shares a day

 ((Reuters Messaging: Cheng.Li.thomsonreuters.com@reuters.net))