本文源自：财华网 【财华社讯】建滔积层板(01888.HK)公布，截至2025年6月30日止六个月，营业额95.88亿港元，同比增 长11%；公司持有人应占纯利9.33亿港元，同比增长28%；每股基本盈利29.9港仙。派中期股息每股15 港仙。截至发稿，建滔积层板跌9.41%，报11.84港元。 ...

Core Viewpoint - The company reported a significant increase in revenue and profit for the first half of 2025, driven by strong demand in the electronics market and advancements in AI technology [1] Financial Performance - The company achieved a revenue of HKD 9.588 billion, representing an 11% year-on-year increase [1] - The profit attributable to shareholders was HKD 933 million, marking a 28% increase compared to the previous year [1] - Basic earnings per share were HKD 0.299, with an interim dividend proposed at HKD 0.15 per share [1] Market Dynamics - The growth in revenue and profit is attributed to the sustained demand in the electronics market, particularly in high-end sectors such as AI [1] - The emerging electronic products centered around AI concepts have shown strong demand, contributing to the overall market growth [1] Operational Efficiency - The company benefits from a well-integrated vertical supply chain and a large customer network, which enhances its market position [1] - The sales proportion of high-end, high-value-added products continues to increase in response to market demand changes [1] - Capacity utilization has improved compared to the same period last year, and product prices have been raised, leading to growth in both revenue and profit in the copper-clad laminate segment [1] Investment Performance - The company's investment business segment also recorded profit growth compared to the previous year [1]

Core Viewpoint - The company reported a significant increase in revenue and profit for the first half of 2025, driven by strong demand in the electronics market and advancements in AI technology [1] Financial Performance - The company achieved a revenue of HKD 9.588 billion, representing an 11% year-on-year increase [1] - The profit attributable to shareholders was HKD 933 million, marking a 28% increase compared to the previous year [1] - Basic earnings per share were HKD 0.299, with an interim dividend proposed at HKD 0.15 per share [1] Market Dynamics - The growth in revenue and profit is attributed to the sustained demand in the electronics market, particularly in high-end sectors such as AI [1] - The emerging electronic products related to AI have shown strong demand, contributing to the overall growth in the copper-clad laminate industry [1] Operational Efficiency - The company benefits from a well-integrated vertical supply chain and a large customer network, which has led to an increase in the sales proportion of high-end, high-value-added products [1] - Capacity utilization has improved compared to the same period last year, and product prices have increased, resulting in growth in both revenue and profit for the copper-clad laminate segment [1] - The investment business segment also recorded profit growth compared to the previous year [1]

Core Viewpoint - The company reported a significant increase in revenue and profit for the first half of 2025, driven by strong demand in the electronics market and advancements in AI technology [1] Financial Performance - The group's revenue rose by 11% year-on-year to HKD 9.588 billion [1] - The profit attributable to shareholders increased by 28% to HKD 933 million [1] - The board declared an interim dividend of HKD 0.15 per share [1] Market Dynamics - The growth in revenue is attributed to the sustained demand for electronic products and the rapid development in high-end sectors such as AI [1] - There is a strong demand for emerging electronic products centered around the AI concept [1] Operational Efficiency - The company benefits from a well-integrated vertical supply chain and a large customer network [1] - The sales proportion of high-end, high-value-added products continues to increase in response to market demand [1] - Capacity utilization has improved compared to the same period last year, contributing to revenue and profit growth in the copper-clad laminate segment [1] Investment Business - The profits from the investment business segment also recorded growth compared to the previous year [1]

EF001 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 建滔積層板控股有限公司 | | 股份代號 | 01888 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二五年六月三十日止六個月之中期股息 | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.15 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.15 HKD | | 匯率 | 1 HKD : 1 HKD | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 佈 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 KINGBOARD LAMINATES HOLDINGS LIMITED 建滔積層板控股有限公司 （於 開 曼 群 島 註 冊 成 立 之 有 限 公 司） （股 份 代 號：1888） 中期業績公佈 | 財務摘要 | | | | | --- | --- | --- | --- | | | 截至六月三十日止六個月 | | | | | 二零二五年 | 二零二四年 | 變動 | | | 百萬港元 | 百萬港元 | | | 營業額 | 9,588.0 | 8,638.2 | +11% | | 未 扣 除 利 息、稅 項、折 舊 及 | | | | | 攤銷前溢利 | 1,699.4 | 1,569.7 | +8% | | 除稅前溢利 | 1,171.3 | 957.5 | +22% | | 本公司持有人應佔純利 | 933.3 | 727.8 | +28 ...

Group 1 - The core viewpoint of the article highlights the significant stock price increase of Jiantao Laminated Board, which rose by 20.53% to 13.56 HKD per share, with a trading volume of 4.34 billion HKD on August 15 [1] - Jiantao Laminated Board Holdings Limited specializes in the production of copper-clad laminates, including epoxy glass fiber, paper, and CEM laminates, with over 20 factories located in South and East China [1] - According to a research report by Prismark Partners LLC, the company held a 14.3% market share in the global copper-clad laminate market in 2010, maintaining the top position in the industry for six consecutive years [1] Group 2 - As of the 2024 annual report, Jiantao Laminated Board reported total revenue of 17.17 billion HKD and a net profit of 1.228 billion HKD [2] - The company is scheduled to disclose its mid-year report for the fiscal year 2025 on August 25 [2]

Core Viewpoint - The report from CICC indicates a systematic expansion in global computing power demand, particularly for GPUs and ASICs, which is expected to significantly enhance the value of PCB products due to advancements in materials and high-layer designs [1] Industry Summary - The AI-related PCB market is projected to reach a total scale of $5.6 billion in 2025 and $10 billion in 2026, driven by strong demand for computing infrastructure [1] - The PCB and CCL markets are experiencing sustained high demand due to AI, prompting core suppliers in the industry to accelerate capacity expansion [1] - A total investment of approximately 32 billion yuan has been announced by seven listed companies in A-shares for PCB capacity expansion, with a focus on upgrading products to higher-end specifications [1] Supply Chain Insights - The ramp-up period for high-end product yields is lengthy, and the local supply chain in Southeast Asia is not yet fully mature, which may lead to a lag in capacity release compared to demand growth [1] - A supply-demand gap is expected to persist in the medium term due to these factors [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01888 | 說明 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 3,120,000,000 | | 0 | | 3,120,000,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 3,120,000,000 | | 0 | | 3,120,000,000 | 第 2 頁 共 10 頁 v 1.1.1 公司名稱: 建滔積層板控股有限公 ...

Financial Performance - The Group's revenue increased by 11% to HK$18,541.0 million in FY2024 compared to HK$16,750.2 million in FY2023[11]. - Underlying net profit attributable to owners rose by 36% to HK$1,349.0 million, up from HK$991.0 million in the previous year[11]. - Reported net profit increased by 46% to HK$1,326.1 million from HK$907.4 million in FY2023[11]. - EBITDA grew by 21% to HK$2,962.7 million, compared to HK$2,450.3 million in FY2023[11]. - The full-year dividend per share was proposed at HK$62.0 cents, a significant increase of 288% from HK$16.0 cents in FY2023[11]. - The net asset value per share increased by 3% to HK$4.92 from HK$4.79[11]. - The net gearing ratio improved to 9% from 16% in the previous year[11]. - The Group's total revenue increased by 11% year-on-year to HK$18,541.4 million, with a significant rise in net profit attributable to shareholders by 36% to HK$1,349.0 million after accounting for credit impairment provisions[29]. Divisional Performance - The Laminates Division experienced growth in both revenue and profits due to a vertically integrated value chain and broad client base[23]. - The Laminates Division's revenue increased by 11% to HK$18,304.5 million, driven by recovery in demand from the consumer electronics market and growth in air conditioning and photovoltaic panels[27]. - EBITDA for the Laminates Division rose by 26% to HK$3,023.0 million, aided by price increases in laminate products to offset rising copper costs[27]. - The Property Division's revenue decreased by 44% to HK$126.7 million, with EBITDA down 34% to HK$38.0 million, primarily focusing on rental income[28]. Investment and Capacity Expansion - The Group invested approximately HK$700 million in new capacity during the year, aiming for long-term stable returns for shareholders[32]. - The Group's laminate production capacity in Thailand is set to increase by 400,000 sheets per month, reaching a total capacity of 1 million sheets per month by the end of 2024, with further expansions planned to reach 1.8 million sheets per month[50]. - A new low-dielectric fiberglass yarn project in Qingyuan City, Guangdong Province, with an annual capacity of 500 tonnes, is under construction and expected to commence operations in the second half of 2025[50]. - The newly added 1,500-tonne monthly copper foil capacity in Lianzhou City, Guangdong Province, will be fully operational in 2025, enhancing the Group's cost efficiencies[50]. Market and Demand Trends - The electronics industry is entering a new growth phase driven by automotive electronics and AI sectors, leading to increased demand[23]. - The overall electronic market demand is strong, with significant growth in shipment volume in the first two months of 2025 compared to the same period last year[52]. - The demand for copper foil used in data centers and cloud computing has increased significantly, driving growth in the group's product offerings[52]. Environmental and Sustainability Initiatives - The group has invested approximately HK$600 million in distributed solar photovoltaic projects, expected to generate 130 million kWh of green electricity annually, saving HK$117 million in electricity costs[53]. - The group has reduced carbon dioxide emissions by 45,000 tons in 2024 through thermal energy recovery investments totaling HK$120 million[53]. - The Group is committed to environmental sustainability and complies with relevant environmental laws and regulations[103]. Corporate Governance and Management - The company has a strong board with members holding significant experience in finance, governance, and management across various sectors[72]. - The board is committed to providing independent oversight and strategic guidance to ensure sustainable growth and shareholder value[73]. - The Company has complied with the Corporate Governance Code throughout the year ended December 31, 2024[188]. Risks and Challenges - The Group faces intense competition in its industry, which may adversely affect its financial condition and business prospects if it fails to compete effectively[97]. - Management may encounter challenges related to upgrading or expanding facilities and training personnel, which could hinder expansion plans[96]. - The Group's ability to successfully implement its business strategy is contingent upon obtaining adequate funding for its expansion plans[95]. Shareholder Information - The interests held by KHL in the Company are approximately 44.03% as of December 31, 2024[187]. - KHL Group accounted for approximately 20% of the Group's total sales, making it the largest customer during the year[189]. - The proposed annual cap for the supply framework agreement with Hallgain for the years ending December 31, 2026, is HK$563 million, HK$580 million, and HK$597 million respectively[196].