Hong Kong's Kingboard Laminates H1 revenue rises 55% on AI demand

Kingboard Laminates Holdings

24/08/2026 05:25

Overview
Hong Kong laminates maker's H1 revenue rose 55% yr/yr on AI-driven electronics demand
Net profit attributable to owners surged 209% yr/yr
Company declared interim dividend of HK 28.0 cents per share, up from HK 15.0 cents

Outlook
Company did not provide specific financial guidance or outlook for future periods

Result Drivers
AI-DRIVEN DEMAND - Co said rapid commercialisation of AI boosted electronics market demand, driving up sales of laminates and upstream materials
PRICE INCREASES & VOLUME GROWTH - Co's products saw multiple price increases amid tight supply, along with a 14% increase in sales volumes for laminates
EFFICIENCY & COST SAVINGS - Co attributed improved profitability to enhanced production technology, increased automation and staff cost savings

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$14.90 bln
 
H1 Net Income Attributable
 
HK$2.89 bln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for Kingboard Laminates Holdings Ltd is HK$53.00, about 42.2% above its August 21 closing price of HK$37.28
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 26 three months ago

Reuters Recommended Reads
Aug 21 - China's Zhongji InnoLight interim revenue jumps on AI demand
Aug 21 - Chinese flash-memory chipmaker YMTC parent targets $4.9 billion in Shanghai IPO 
Aug 23 - Alibaba launches $10 billion Hong Kong share placement to fund AI spending

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-24/67e45da5-d189-4729-bfbc-f666afb73824.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)