Kingboard Laminates surges on robust first-half earnings forecast

Kingboard Laminates Holdings

31/07/2026 04:30

** Shares of Kingboard Laminates Holdings 1888.HK surge 25.3% to HK$36.5, their highest level since July 27, and on course to snap three consecutive sessions of falls
** Laminate manufacturer expects net profit of more than HK$2.8 bln ($356.99 mln) for six months ended in June, up more than 200% y/y
** Says prices of laminate products and upstream materials have increased amid a tight market and the market is facing an increasingly severe supply shortage of electronic fibreglass yarn, fabric, copper foil and laminates
** YTD, Hong Kong stock up 130.2%, benchmark Hang Seng Index .HSI up 0.7%
  
($1 = 7.8433 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))