On July 31, KB LAMINATES rose 21% in regular trading, trading at HK$34.58/share, with turnover of HK$1.452 billion.
On the news front, the company issued a positive profit alert on July 30 evening, projecting net profit exceeding HK$2.8 billion for the six months ended June 30, representing year-on-year growth of over 200%. The surge was primarily driven by persistent supply shortages of copper-clad laminates (CCL) and upstream materials including electronic fiberglass yarn, electronic fiberglass cloth, and copper foil, resulting in significant unit price increases across product lines alongside volume growth.
The company noted that supply-demand tightness has further intensified, with its vertically integrated business model amplifying the benefit of the volume-and-price upswing. The strong earnings pre-announcement reversed prior weakness caused by director sell-downs and sector adjustment, with peer stocks VGT rising 12.36% and KINGBOARD HLDG gaining 9.78%, signaling a broad PCB sector rebound.
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