SEHK:148Electronic
Kingboard Holdings (SEHK:148) Margin Jump To 9.7% Rekindles Debate On Earnings Quality
Kingboard Holdings (SEHK:148) has just posted FY 2025 results that put the focus squarely on profit quality, with first half revenue of HK$21.6b and basic EPS of HK$2.33, against a trailing twelve month backdrop of HK$45.4b in revenue and EPS of HK$3.97 that was heavily influenced by a HK$2.0b one off gain. Over the last few reporting halves, revenue has moved from HK$20.4b in 1H FY 2024 to HK$22.7b in 2H FY 2024 and then HK$21.6b in 1H FY 2025, while basic EPS shifted from HK$1.36 to HK$0.11...