Xinyi Automobile Glass Hong Kong Enterprises Limited provided earnings guidance for the year ended 31 December 2018. The amount of the consolidated net profit attributable to the equity holders of the company for the year ended 31 December 2018 is expected to increase on a year-on-year basis by 4.3 to 5.3 times as compared with the net profit of HKD 9.4 million for the year ended 31 December 2017. The increase is primarily due to the following factors: increase in revenue and profitability contributed by the sales and processing of lithium battery pack and energy storage products; increase in revenue and profitability contributed by the increasing sales of automobile glass with repairs and installation services; and increase in other income and gains arising from government grant and disposal of certain scrap or recyclable materials from the continuing operation of the existing production plant of the Group as well as from the site preparation for the new production plant under construction.