S.A.S. Dragon Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2016. Based on the information currently available to the company, it expected that the consolidated profit attributable to owners of the company for the year ended 31 December 2016 will be no less than HKD 172,000,000, representing an increase of approximately 114% as compared to the audited consolidated profit attributable to owners of the company for the year ended 31 December 2015. Such increase are mainly attributable to (i) the increase of the Group's revenue during the year ended 31 December 2016 as compared to, for comparison purpose only, the adjusted Group's revenue by assuming no consolidation of revenue generated by Hi-Level Technology Holdings Limited (separate listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited on 7 January 2016 (the "Spin-off")) and its subsidiary ("Hi-Level Group") during the year ended 31 December 2015; (ii) due to the change of product line mix, the increase of the Group's gross profit and gross profit margin as compared to the same recorded during the year ended 31 December 2015; (iii) the gain on fair value change of derivative financial instruments related to certain outstanding foreign currency forward contracts and (iv) the fair value gain on loss of control of the Hi-Level Group due to the Spin off.