Kingboard group stocks declined following their earnings releases. As of press time, KB LAMINATES (01888) fell 8.19% to HK$12, while KINGBOARD HLDG (00148) dropped 6.25% to HK$28.8.
On the news front, KINGBOARD HLDG announced its 2025 interim results at midday, reporting revenue of approximately HK$21.608 billion, up 6% year-over-year. Net profit attributable to shareholders reached approximately HK$2.582 billion, surging 71% year-over-year. Basic earnings per share stood at HK$2.329, with an interim dividend of HK$0.69 per share.
KB LAMINATES also released its 2025 interim results, achieving revenue of HK$9.588 billion in the first half, representing an 11% year-over-year increase. Net profit attributable to shareholders totaled HK$933 million, up 28% year-over-year. Basic earnings per share reached 29.9 Hong Kong cents, with a proposed interim dividend of 15 Hong Kong cents per share.