Tongda Group Announces Positive Profit Alert

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Jul 12, 2015 22:55 JST

Source: Tongda Group

Tongda Group Announces Positive Profit Alert

HONG KONG, Jul 12, 2015 - (ACN Newswire) - Tongda Group Holdings Limited ("Tongda" or the "Group") (Stock Code: 698) has announced the positive profit alert.

Based on the currently available preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2015 (the "Accounts"), the Group expects to record a notable increase in net profit attributable to owners of the Company by more than 75% for the six months ended 30 June 2015 when compared with the net profit recorded by the Group for the six months ended 30 June 2014.

Such increase was primarily attributable to increase of the turnover and gross profit margin and reduction in the operating leverage. During the six months ended 30 June 2015, major orders of the Group's handset business included metal casings of Mate 7, G7 and P8max of Huawei, as well as R7 of Oppo, precision plastic casings of Xiaomi 4, Redmi Note and Redmi 2 of Xiaomi, Le1 of LeTV, as well as Zenfone 2 of Asus.

Contact:

Strategic Financial Relations Limited
Vicky Lee    Tel:  2864 4834   Email: vicky.lee@sprg.com.hk
Angela Ng    Tel:  2864 4855   Email: angela.ng@sprg.com.hk
Angel Li     Tel:  2864 4859   Email: angelok.li@sprg.com.hk
Fax: 2527 1196
Website: www.sprg.com.hk

Source: Tongda Group
Sectors: Daily Finance

Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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