Lonking Holdings Ltd. provided earnings guidance for the eleven months ended November 30, 2016. The board of directors of the company informed the shareholders of the company and potential investors that based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the eleven months ended 30 November 2016, the Group expects to record a substantial increase in its net profit for the year ending 31 December 2016, as compared to the corresponding period in the previous year. It is mainly due to the profitability in the second half of this year was significantly better than the corresponding period in the previous year. The increase in net profit in the second half of this year is mainly due to (i) an increase in business revenue; (ii) an effective control on cost; and (iii) an increase in foreign exchange gain as compared to the second half of last year.