[ET Net News Agency, 9 February 2021] Kingboard Holdings Limited (00148) said the group
is expecting to record an increase in the net profit of over 35% for the year ended 31
December 2020 as compared with the corresponding period in 2019.
The expected increase is mainly attributable to (i) the growth in the unit selling price
and gross profit margin of the products of laminates division and printed circuit boards
division in the second half of 2020; (ii) a substantial increase in the net profits
recorded by the group in the reporting period attributable to the sale of residential
properties as compared with those in the preceding year. (RC)