HiTech Group Australia Limited provided earnings guidance for the four months ended October 2016 and for the first half ending December 31, 2016. The directors announced that, judging by interim unaudited internal figures up to October 2016, the company will have a significant increase in operating profit (gross profit and NPAT) and revenue for fiscal year 2017. For the first half of fiscal 2017 ending December 31, 2016, the company expects revenue to increase by approximately 10%-20% and gross profit by approximately 10%-20% over the previous corresponding period, depending on the performance of the remaining period up to 31 December 2016.