NVC material surplus hi interim record growth

NVC holdings issued a profit to the group without joy, a preliminary assessment of the audit management accounts based on the company's expectations for the six months ended June 30, 2016, the group's parent company profit attributable to owners compared to the same period in 2015 there will be significant growth, an increase of about 3.7 times. The Board believes that the group's parent company profit attributable to owners of the expected significant increase is mainly due to the group to strengthen cost control, to promote a substantial increase in gross profit margin; and a group of professional fees and promotional expenses decreased.

The company is now implementing the group's interim results for the year ended June 30, 2016. The group's financial performance will be disclosed in the interim results announcement of the group for the year ended June 30, 2016. Shareholders and potential investors are advised to read the results announcement. Due to the LED industry continued transformation and a number of events associated with Mr. Wu Changjiang, former chief executive of the company, the company will be included in 2016 annual results provided a large amount of provision.

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