Hung Fook Tong Group Holdings Limited provided group earnings guidance for the six months ending June 30, 2015. The board of directors of the company informed shareholders of the company and potential investors that based on the latest review of the unaudited management accounts of the group for the four months ended 30 April 2015 and the information currently available to the company, the operating results for the six months ending 30 June 2015 are expected to improve as compared to those of 2014 second half but nonetheless the group is still expected to record a significant reduction in the unaudited net profit as compared to the adjusted net profit for 2014 first half, or may even incur a loss. It is expected that there will be no one-off expenses in 2015 first half.

The board believes that the improvement in operating results as compared to 2014 second half is mainly attributable to: the improved gross profit margin in 2015 first half due to the increase in selling price of certain products, as well as the successful implementation of cost savings measures; and non-recurrence of the additional operating expenses incurred in 2014 second half for the trial operation of the group's new production facilities in Tai Po, which has become fully operational and led to the closure of the group's facilities in Tsuen Wan (and hence the savings of the associated expenses) in December 2014.