Summary by Futu AI
KB Laminates Holdings Limited announced the interim results for the six months ended June 30, 2024. The company's revenue increased by 7% compared to the same period last year, reaching 8.638 million Hong Kong dollars. Profit before interest, tax, depreciation, and amortization increased by 35% to 1.569 million Hong Kong dollars. Pre-tax profit and net profit attributable to shareholders of the company increased by 69% and 72% respectively, reaching 957 million Hong Kong dollars and 727 million Hong Kong dollars. Basic earnings per share and interim dividend per share increased by 73% and 100% respectively, reaching 23.3 Hong Kong cents and 12.0 Hong Kong cents. The net asset value per share increased by 9% to 4.88 Hong Kong dollars. The net debt ratio decreased from 18% to 17%. The company's copper-clad laminate division saw...Show More