BRIEF: Kingboard records strong profit gain in first half of 2025

0148.HK
Hesai does infrastructure

Kingboard Holdings Ltd. (0148.HK) said on Thursday it expects to report strong profit growth for the first half of 2025, citing solid performance for its core businesses making and selling laminates and printed circuit boards (PCBs).

The company said it expects to report that its net profit rose more than 70% in the first six months of this year to more than HK$2.56 billion ($326 million), from a profit of HK$1.51 billion in the year-ago period.

Kingboard’s stock opened higher on Friday, and was up 9.2% at HK$28.35 in early trade. The stock is up about 50% this year.

By Doug Young

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