Hong Kong Stock Connect | Jiantao Multilayer Board (01888) rises nearly 7% to a new high, expected full-year net profit exceeds HKD 2.39 billion, an increase of over 80% year-on-year

WiseTech Global (01888) rose nearly 7% after a positive earnings announcement, reaching a new high of HKD 20.7. As of the latest report, it increased by 5.52% to HKD 20.48, with a trading volume of HKD 191 million.

On the news front, Jiantao Laminates issued an earnings forecast, expecting net profit for 2025 to exceed HKD 2.39 billion, an increase of over 80% year-on-year. This is mainly due to strong demand for copper-clad laminates and upstream materials including fiberglass yarn, fiberglass cloth, and copper foil. The unit prices of the group’s products have generally risen significantly, and sales volumes have increased compared to the same period in 2024. Currently, market demand remains robust. The group’s investment business segment also recorded profit growth.

Citi previously released a research report stating that due to the high industry concentration of copper-clad laminate manufacturers, leading companies with technological and cost advantages are capable of passing raw material price increase pressures onto downstream PCB customers. China Securities also noted that Jiantao Laminates’ copper-clad boards have strong bargaining power and cost transfer ability, with tight supply and a rising copper price cycle benefiting prices and profitability.

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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)