---
title: "KB LAMINATES (1888) shareholders' attributable profit is HKD 2.442 billion, an increase of 84.16% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279381995.md"
description: "KB LAMINATES announced its annual results for the year ending December 2025, with revenue increasing by 10.02% year-on-year to HKD 20.4 billion, and net profit attributable to shareholders soaring by 84.16% to HKD 2.442 billion. A final dividend of HKD 0.25 per ordinary share and a special final dividend of HKD 0.28 per ordinary share is proposed. The growth in performance is primarily driven by demand from high-end industries and advantages in the industrial chain, particularly strong demand in the fields of AI and automotive electronics"
datetime: "2026-03-17T07:04:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279381995.md)
  - [en](https://longbridge.com/en/news/279381995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279381995.md)
---

# KB LAMINATES (1888) shareholders' attributable profit is HKD 2.442 billion, an increase of 84.16% year-on-year

KINGBOARD HLDG (1888.HK) announced its annual results for the year ending December 2025, with the group's revenue increasing by 10.02% year-on-year to HKD 20.4 billion; the net profit attributable to shareholders surged by 84.16% to HKD 2.442 billion. In terms of dividends, it is proposed to distribute a final dividend of HKD 0.25 per ordinary share, along with a special final dividend of HKD 0.28 per ordinary share.

The group stated that the growth in performance during the period was mainly driven by the explosive demand in high-end industries and the release of advantages in the industrial chain: rapid development in high-end fields such as AI has led to strong demand for related new materials, coupled with the continuous advancement of automotive electrification and intelligence, significantly boosting the demand for copper-clad laminates. Among them, the demand for specialty electronic glass fiber yarns and specialty electronic glass fiber fabrics used in high-end scenarios such as 5G and 5.5G communications, AI servers, and chip packaging has soared, resulting in a persistent supply shortage; the group has shifted some production capacity of traditional electronic glass fiber yarns and fabrics to produce AI-related products, further tightening the supply of traditional products, leading to multiple price increases throughout the year. The profit from the electronic glass fiber yarn and fabric business in 2025 exceeded HKD 600 million, representing a year-on-year growth of 70%.

Additionally, during the period, copper prices surged significantly, allowing the group to raise prices for its copper-clad laminate products multiple times, with the price increases not only fully offsetting the cost pressures from rising raw material prices but also further enhancing the department's gross profit margin. Relying on the group's complete vertically integrated industrial chain—producing copper-clad laminates and their upstream materials (including AI electronic glass fiber yarns, AI electronic glass fiber fabrics, copper foil, epoxy resin, and bleached wood pulp paper, etc.)—not only effectively ensures stable supply during upstream material shortages but also brings dual profit bonuses to the group amid the trend of price increases for both upstream materials and copper-clad laminates throughout the year.

In terms of departmental performance, the core business of the copper-clad laminate department saw revenue increase by 10% year-on-year to HKD 20.225 billion, serving as the main driver of the group's growth. As for the real estate department, the group continues to implement a development strategy focused on the copper-clad laminate business, with this department primarily generating revenue from rental income, resulting in a year-on-year decline of 39% to HKD 77.6 million

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