Home Capital Results

Kingboard Copper Foil’s 3Q earnings slip to $0.6 mil

PC Lee
PC Lee11/2/2016 06:15 PM GMT+08  • 1 min read
Kingboard Copper Foil’s 3Q earnings slip to $0.6 mil
SINGAPORE (Nov 2): Kingboard Copper Foil’s 3Q earnings slipped 2.5% to HK$3.4 million ($0.6 million) from nearly HK$3.5 million a year ago.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 2): Kingboard Copper Foil’s 3Q earnings slipped 2.5% to HK$3.4 million ($0.6 million) from nearly HK$3.5 million a year ago.

Revenue increased 6% to HK$162.2 million from receipt of licence fee of HK$30 million from the on-going licensing arrangement and the sale of polyvinyl butyral (PVB) resin for HK$132 million, a basic raw material for the production of PVB film which is used to produce reinforced glass for both automotive industry and buildings.

However, gross profit dropped 3.2% to $18.6 million on higher cost of sales.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now