KINGBOARD HLDG (00148) has released its financial results for the year ended December 31, 2025. The group reported revenue of HK$45.375 billion, representing a 5% increase compared to the previous year. Profit attributable to shareholders surged by 169.98% to HK$4.402 billion. Basic earnings per share were HK$3.971. The board has proposed a final dividend of 111 HK cents per share and a special final dividend of 40 HK cents per share.

During the review period, robust demand was observed across the electronics market, with rapid development in high-end sectors such as artificial intelligence (AI). Emerging electronics products centered on AI concepts exhibited particularly strong demand. This led to vigorous demand for copper-clad laminates and their upstream materials, including AI electronic glass fiber yarn, AI electronic glass fiber fabric, and copper foil. The average selling price for the group's copper-clad laminate and upstream material products generally saw significant increases, and sales volume grew compared to the same period in 2024. This drove a rise in profits for the group's copper-clad laminate division compared to the prior year, with improving business conditions throughout the upstream and downstream segments of the laminate industry chain.

Additionally, the profit from the group's investment business division also increased compared to the previous year. Supported by the relentless efforts of the KINGBOARD team, coupled with the competitive advantages of its vertically integrated industrial chain operational model and diversified business portfolio, the group's revenue for the period rose by 5% year-on-year. After deducting an impairment loss provision of approximately HK$991 million (net of deferred tax) for unsold residential properties held in East China, the group still achieved a basic net profit attributable to shareholders of HK$4.985 billion, an increase of 207% over the prior year. The group maintains a solid business foundation, a healthy capital structure, and a strong financial position.