Xinyi Automobile Glass Hong Kong Enterprises Limited provided consolidated earnings guidance for the six months ended June 30, 2018. The board wishes to inform the shareholders of the company and prospective investors of the company that the amount of the consolidated net profit attributable to the equity holders of the company for the six months ended 30 June 2018 is expected to have a substantial increase, as compared with the net profit of HKD 298,000 for the six months ended 30 June 2017. The directors consider that the increase is due to the following factors: - increase in revenue and profitability contributed by the increasing sales of automobile glass with repairs and installation services; - increase in revenue and profitability contributed by the sales and processing of lithium battery and energy storage products while this segment did not contribute revenue and had incurred losses in the same period last year; and - increase in revenue and profitability contributed by the trading of forklift while there was no such trading activity in the same period last year. The 2018 interim net profit is expected to increase on a year-on-year basis by approximately 25 times to 30 times as compared with the net profit of HKD 298,000 for the six months ended 30 June 2017.