花旗表示，考虑到公司5月订单已满，加上平均销售单价通胀的因素，应会继续抵销近期铜成本飙升的影响，该行因而将建滔积层板2024至2026财年的盈利预测上调24%至37%。国盛证券表示，覆铜板行业将在上游价格提升，下游需求恢复的背景下，进入涨价周期。受益于良好的竞争格局和下游备货周期拉长，盈利能力有望逐步改善。Jiantao Laminate (01888) is now up more than 4%. As of press release, it has risen 3.32% to HK$8.72, with a turnover of HK$12.692 million.
The Zhitong Finance App learned that Jiantao Laminated Board (01888) has now risen by more than 4%. As of press release, it has risen 3.32% to HK$8.72, with a turnover of HK$120,692 million.
According to the news, on May 20, Jiantao Laminate, the leading copper-clad board company, issued a price increase letter stating that due to the sharp rise in the price of copper, the main raw material for copper-clad sheets, customers have recently stocked up a lot of goods, and the company's production capacity was fully filled in May. Due to cost pressure, the price of related sheets will increase by 5 yuan/sheet to 10 yuan/sheet starting today. On a monthly basis, in March, the stock price increase of Jiantao Laminated Board reached 19.14%; the cumulative increase in April reached 16.58%; and the cumulative increase since May reached 30.96%.
Citi said that considering the company's full orders in May and the average sales unit price inflation, it should continue to offset the impact of the recent surge in copper costs. As a result, the bank raised Jiantao Laminate's profit forecast for the 2024-2026 fiscal year by 24% to 37%. Guosheng Securities said that the copper-clad plate industry will enter a price increase cycle against the backdrop of rising upstream prices and a recovery in downstream demand. Benefiting from a good competitive pattern and a lengthening downstream preparation cycle, profitability is expected to gradually improve.