Kingboard Holdings ( (HK:0148) ) has issued an update.
Kingboard Holdings Limited reported its annual results for the year ending December 31, 2024, showing a 9% increase in revenue to HK$43,093.3 million compared to the previous year. However, the company experienced a decline in EBITDA and net profit, with the underlying net profit dropping by 29% and the reported net profit falling by 21%. Despite these challenges, the company declared a significant increase in dividends, with a proposed final dividend per share up by 50% and a special final dividend introduced. This announcement highlights a mixed financial performance, with increased revenue but reduced profitability, potentially impacting stakeholders’ perspectives on the company’s future growth and financial health.
More about Kingboard Holdings
Kingboard Holdings Limited is a company incorporated in the Cayman Islands, operating in the manufacturing industry. It focuses on producing laminates, printed circuit boards, chemicals, and other electronic components, catering to various sectors including electronics and technology.
YTD Price Performance: 23.40%
Technical Sentiment Signal: Sell
Current Market Cap: $3.19B
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