Jiantao Group (00148)'s net profit is expected to exceed HK$2.7 billion in the medium term and increase by more than 4% year on year

According to the Zhitong Finance App, Jiantao Group (00148) announced that the Group expects to achieve net profit of over HK$2.7 billion in the six months ending June 30, 2026, an increase of more than 4% over the same period in 2025.

Due to a sharp increase of more than 200% in the Group's copper-clad panel reporting segment's profit compared to the same period in 2025, the Group's net profit during the reporting period is expected to rise as a result, but this is partially offset by losses in the Group's investment business reporting segment during the reporting period as described below. Copper-clad panels and their upstream materials in the market, including electronic glass fiber yarn, electronic glass fiber cloth and copper foil, continue to be in short supply. The unit price of the Group's copper-clad panels and their upstream material products has generally risen markedly, and sales of copper-clad panels have increased significantly compared to the same period in 2025, so the profit of the reporting segment of copper-clad panels has increased dramatically. Currently, the shortage of electronic glass fiber yarn, electronic glass fiber cloth, copper foil and copper-clad panels in the market is becoming more serious. Jiantao's board of directors believes that net profit growth also stems from the Group's strong and perfect vertically integrated business model.

Although the Group's Investment Business Reporting Division recorded a loss of approximately HK$500 million during the reporting period, as the stock market recovered after the reporting period, as of the date of this announcement, the investment reporting segment's performance had rebounded to exceed the level of 6 months ended June 30, 2025 (profit of about HK$1.3 billion), but the relevant recovery will not be reflected in the reporting period's results.