Ten Pao Group Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2016
January 13, 2017 at 04:05 am EST
Ten Pao Group Holdings Limited provided earnings guidance For the year ended December 31, 2016. For the year, the net profit attributable to the owners of the company is expected to increase by 45% to 55% as compared with the net profit attributable to the owners of the company for the year ended 31 December 2015. The expected increase in the net profit attributable to the owners of the Company for the year ended 31 December 2016 is mainly attributable to (i) an increase in profit margin; and (ii) an increase in sales volume of smart chargers and controllers for industrial use and switching power supply units for telecommunication segment.