The board of directors of Kingboard Chemical Holdings Limited informed to the shareholders and potential investors of KBC that, based on the preliminary review of the unaudited management accounts of the KBC Group for the six months ended 30 June 2017 and the information currently available to the KBC Board, the KBC Group is expecting to record an increase in the net profit of over 30% for the six months ended 30 June 2017 as compared with the corresponding period in 2016. The expected increase in the net profit of the KBC Group is mainly attributable to the growth in the profit margin of various divisions, namely printed circuit boards division, chemical division and, in particular, laminates division.