The board of directors of China Chengtong Development Group Ltd. announced the shareholders of the company and potential investors that, based on the information currently available, the Group is expected to record an unaudited consolidated profit after tax of approximately HKD 45 million for the six months ended 30 June 2015 while the unaudited consolidated loss after tax was approximately HKD 16 million for the corresponding period of 2014. The main reasons for the profit recorded in the period are as follows: (i) there was an increase in the income from the financial lease business which was resumed in the period; (ii) exchange gains were recorded due to the appreciation of Renminbi in the period; (iii) the substantial decrease in the bulk commodity trading business in the period has led to a decrease in the relevant finance costs; and (iv) an amount of approximately HKD 17 million prepayment that had been impaired in previous years was reversed during the period.