KB Laminate: The Company's Second-quarter Net Profit Rose 50.44 Percent To Hk $6.639 Million

- Aug 17, 2018-

KB Copper Foil Holdings Limited(ketao Copper Foil), the subsidiary of ketao integrated laminates, issued a joint announcement by CMCT group (00148) and CMCT (01888). The sales volume of Kingboard Copper Foil in the three months ended June 30, 2018 was hk $158 million, up 15.13% year-on-year.Gross profit was 21,927,000 Hong Kong dollars, up 11.24 percent year-on-year.Corporate holders should account for hk $6.639 million in profit, up 50.44 percent year-on-year.

The notice shows that CTT copper foil indirectly owns 87.90% of the interest of CTT laminate, while CTT laminate is a subsidiary company with 69.79% interest of CTT chemical.