Elec & Eltek International Company Limited board of directors announced that the group is expected to record a significant increase of not less than 170% in net profit for the first quarter ended 31 March 2017, as compared to the first quarter ended 31 March 2016. The major factors attributable to the increase in net profit in 2017 first quarter include: the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation; and the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016.