11:41 PM EDT, 07/17/2022 (MT Newswires) -- Kingboard Holdings (HKG:0148) forecasts its net profit to decrease between 47% and 57% year on year to about HK$2.2 billion to HK$2.7 billion ($280.3 million and $344.0 million) in the six months through June 30, according to a stock filing.
The printed circuit board and laminates manufacturer's unit selling price and quantity of laminates produced and sold decreased, it said.
Kingboard Holdings expects to publish first-half results by the end of August.
Shares declined 3% in Monday late-morning trading.
Price (HKD): $27.60, Change: $-1.10, Percent Change: -3.83%