[ET Net News Agency, 12 July 2021] Kingboard Holdings Limited (00148) said for the six
months ended 30 June 2021, the group is expecting to record an increase in net profit of
350%-400%, as compared with the corresponding period last year.
It was due to (1) the market demand has stayed strong, and the unit prices of products
in various departments of the group have risen sharply; (2) the group's subsidiary
Kingboard Laminates Holdings Limited (01888) recorded a considerable increase in profit
during the reporting period; and (3) the investment income of the group increased
significantly compared with the same period last year. (RC)