AMVIG Holdings Limited provided earnings guidance for the six-month period ended June 30, 2016. For the period, the company's underlying profit attributable to the equity holders of the company will decrease by approximately 40% as compared with the corresponding period in 2015. The decrease is primarily attributable to a fall in revenue of the Group arising from: (1) the over-accumulation of inventory by customers in China tobacco industry as at the end of 2015; and (2) the imminent changes to the health warning labels on tobacco packages, which had not been finalized in the first half of 2016, in turn caused delays in placement of orders by customers.