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HONG KONG, July 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
Topic: Press release summary
Source: Tongda Group
Sectors: Daily Finance
http://www.acnnewswire.com
From the Asia Corporate News Network
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