【Kingboard Performance】Kingboard Group earned 1.7 times more last year; final dividend plus special dividend of HK$1.51 per share; Kingboard Laminates' net profit rose 84% last year; final dividend plus special dividend of HK$0.53 per share

robot
Abstract generation in progress

CCT Tech Group Announces Results, CCT Group (00148) Net profit for the full year increased 1.7 times to HKD 4.402 billion; revenue for the period was HKD 45.375 billion, up 5.3% year-on-year. Basic earnings per share were HKD 3.971. The company proposes a final dividend of HKD 1.11 per share, compared to HKD 0.54 last year; and a special dividend of HKD 0.4 (versus HKD 0.46 last year), making a total of HKD 1.51 per share including the special dividend.

The company stated that the significant growth in last year’s performance was mainly due to strong demand in the overall electronics market, rapid development in high-end fields such as artificial intelligence (AI), and robust demand for new electronic products based on AI concepts, which boosted profits in its copper-clad laminate division compared to the previous year. Additionally, the group’s investment business also saw profit growth year-on-year, benefiting from the advantages of a vertically integrated industry chain and diversified business portfolio.

As for CCT Layered Board (01888), it announced that for the full year ending December 31, the net profit attributable to shareholders was HKD 2.442 billion, an increase of 84.16% year-on-year; revenue was HKD 20.4 billion, up 10%. Earnings per share were HKD 0.782. The total dividend was HKD 0.53, including a final dividend of HKD 0.25 and a special dividend of HKD 0.28, compared to HKD 0.5 last year.

Financial Hot Talk

Is the role of gold as a safe haven failing? Are war conflicts triggering concerns over interest rate hikes?

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments