Tongda Group Holdings Limited provided earnings guidance for the year ended December 31, 2015. The Board inform the Shareholders and potential investors of the Company that the profit attributable to owners of the Company for the year ended December 31, 2015 is expected to increase by approximately 35% to 40%, when compared with that for the year ended December 31, 2014 of HKD 501.7 million. The Directors consider that the growth in the profit attributable to the owners of the Company is mainly due to the continuous enhancement of the Group's consolidated gross profit as a result of the corresponding increase in the Group's turnover and gross profit margin.

The increase in the Group's turnover in handset segment is mainly due to the introduction of metal casing products and significant increase in the contribution from one of the major customers. Besides, due to the change of the sales mix, the gross profit margin from turnover of major customers also improved.