Financial news
Written by: Yue Yueting
2020-03-23 12:45
Last updated: 2020-03-23 12:48Kingboard Group (0148) announced last year's results, with a net profit of 3.094 billion yuan, a decrease of 49%; earnings per share of 2.85 yuan; a final dividend of 60 cents and a special dividend of 50 cents.
Turnover fell 11% year-on-year to 41.161 billion yuan; basic net profit (excluding non-recurring items) fell 26% to 3.416 billion yuan. The Group stated that its domestic factories have resumed work and most have returned to normal The production status will continue to stabilize production and promote the recovery of upstream and downstream partners while ensuring the welfare and health of employees.
The net profit attributable to shareholders of the Kingboard Laminated Board of Kingboard (1888) last year was 2.402 billion yuan, a decrease of 26%, and the basic net profit was 2.493 billion yuan, a decrease of 22%.
IMF: China's economy shows signs of normalization but still faces serious risks
Kingboard laminate control