Asia Tele-Net and Technology Corporation Limited provided earnings guidance for the year ended 31 December 2016. Based on the preliminary assessment of the unaudited consolidated management accounts of the Group, the board of directors of the Company informed the shareholders of the Company and potential investors that the Group is expected to record a significant increase in its profit for the year ended 31 December 2016 as compared to its profit for the year ended 31 December 2015. The key factors attributable to the significant increase in profit include, inter alia, (i) gain on disposal of subsidiaries; (ii) increase in sales of electroplating equipment and (iii) gain arising from the arrangement in relation to a site located at Longhua.