AKM Industrial Company Limited provided consolidated earnings guidance for the year ended 31 December 2019. Based on a preliminary assessment made with reference to the unaudited consolidated management accounts of the Group for the year ended 31 December 2019 and other information currently available to the Board, as compared to the figures reported by the Group for the year ended 31 December 2018, the Group is expected to record a significant increase by over 50% in profit attributable to owners of the Company for the Year 2019, mainly attributable to the remarkable growth realised in the overall sales of the Group; increase in gross profit margin; and (iii) significant increase in government grants received.