China International Marine Containers (Group) Co. Ltd. provided preliminary earnings guidance for the first quarter ended March 31, 2015. For the quarter, the board of directors announced that, based on the preliminary review of the management accounts of the group for the three months ended March 31, 2015, the group is expected to record an increase of profit during the reporting period as compared to that of the corresponding period of last year.

The group expects net profit to be in the range of RMB 447,615,000 to RMB 511,560,000 and earnings per share to be in the range of RMB 0.1675 to RMB 0.1914 compared to RMB 127,890,000 and RMB 0.048 a year ago respectively. The significant increase in profit of the group mainly attributable to the reasons: in the first quarter of 2015, overall business scale of the group increased. Factors such as selling off leased vessels had a moderately positive effect on the profit of the Group for the current period.

Meanwhile, factors such as losses in the calculation of fair value of forward foreign exchange transactions led to lower comparative figures for the corresponding period of last year.