HK Stock Market Move | Jiantao's profits continue to rise after Yinxili, with both the price and quantity of copper plate and upstream materials increasing, driving the group's full-year performance growth.
Jiantao recently released its profit announcement, and its stock prices continued to rise in early trading today. As of the time of writing, Jiantao Co., Ltd. (01888) rose by 6.18% to HK$21.64, while Jiantao Group (00148) rose by 3.53% to HK$38.12.
KINGBOARD HLDG recently announced positive earnings, and the stock continued to rise during the morning session today. As of the time of writing, KB LAMINATES (01888) rose by 6.18% to HK$21.64, while KINGBOARD HLDG (00148) rose by 3.53% to HK$38.12.
According to the announcement, KINGBOARD HLDG expects its net profit for the year ending December 31, 2025 to increase by over 165% compared to the same period in 2024, reaching over HK$4.32 billion. KB LAMINATES, on the other hand, expects its net profit for 2025 to exceed HK$2.39 billion, representing a growth of over 80% compared to the previous year.
The announcement from KINGBOARD HLDG attributes the significant increase in net profit to growth in the profit of the investment business segment and the copper clad laminate segment. The demand for copper clad laminates and its upstream materials, including glass fiber yarn, glass fiber cloth, and copper foil, has been strong, leading to a significant rise in the prices of products and an increase in sales volume compared to the same period in 2024. The market demand is currently strong.
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