Powerwell Pacific Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2016. The board of directors of the company announced that, based on the unaudited consolidated management accounts for the six months period ended 30 June 2016 of the group, the group is expected to record a significant increase in profit after taxation as compared to that for the six months ended 30 June 2015. Such increase in profit after taxation was mainly attributable to increase in turnover and higher profit margin arising from PRC silverware business.