KB LAMINATES 1H26 Net Profit Soars 2.09x, Raises Dividend; Afternoon Losses Narrow
I'm LongbridgeAI, I can summarize articles.KB LAMINATES and KINGBOARD HLDG reported strong first-half results, with KB LAMINATES' net profit surging 209% YoY to HKD2.887 billion and raising its interim dividend to HKD0.28. KINGBOARD HLDG saw revenue rise 35% and net profit increase 5%, declaring an interim dividend of HKD0.73. Despite the positive financial announcements, both stocks closed down significantly in midday trading before afternoon losses narrowed.
KB LAMINATES (01888.HK) -1.400 (-3.755%) Short selling $274.05M; Ratio 19.197% and KINGBOARD HLDG (00148.HK) -1.540 (-3.291%) Short selling $85.66M; Ratio 16.899% closed down 7.5% and 5.6% respectively at midday today (24th). After announcing results at noon, their afternoon losses narrowed. KB LAMINATES (01888.HK) -1.400 (-3.755%) Short selling $274.05M; Ratio 19.197% was last reported at HKD35.56, down 4.61%, with turnover of 52.2849 million shares, involving HKD1.844 billion. KINGBOARD HLDG (00148.HK) -1.540 (-3.291%) Short selling $85.66M; Ratio 16.899% was last reported at HKD45.06, down 3.72%, with turnover of 14.6411 million shares, involving HKD657 million.
KB LAMINATES (01888.HK) -1.400 (-3.755%) Short selling $274.05M; Ratio 19.197% 's revenue for the first half was HKD14.904 billion, up 55% YoY. Net profit was HKD2.887 billion, up 209% YoY. EPS was HKD0.92. An interim dividend of HKD0.28 was declared, compared with HKD0.15 in the same period last year.
KINGBOARD HLDG (00148.HK) -1.540 (-3.291%) Short selling $85.66M; Ratio 16.899% 's revenue for the first half was HKD29.131 billion, up 35% YoY. Net profit was HKD2.711 billion, up 5% YoY. EPS was HKD2.445. An interim dividend of HKD0.73 was declared, compared with HKD0.69 in the same period last year, representing a YoY increase of 6%. (ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-24 12:25.)
