Summary by Futu AI
KB Laminates Holdings Limited announces its unaudited consolidated performance for the six months ended June 30, 2024. Revenue increased by 7% compared to the same period last year, reaching HKD 8.623 billion. Net profit attributable to shareholders of the company rose by 72% to HKD 0.827 billion. The increase in demand for copper clad laminates during the period, coupled with the vertical integration of the group's industry chain and technological improvements, resulted in significant growth in revenue and profits. The group's financial position is sound, and the board of directors has decided to distribute an interim dividend of HKD 0.12 per share. The group will continue to invest in production facilities and research and development, and increase production capacity in Thailand to meet demand, while promoting eco-friendly projects to achieve sustainable development goals.