UKF (Holdings) Limited provided earnings guidance for the six months ended September 30, 2015. For the period, the group acquired a total of 7 mink farms in Denmark, details of which are disclosed in the respective announcements of the company dated April 20, 2015, June 2, 2015, August 7, 2015 and September 16, 2015. As at September 30, 2015, the Group owned and operated a total of 12 mink farms as compared to 5 mink farms as at September 30, 2014.

The number of breeders on the mink farms as at September 30, 2015 was roughly 49,000, representing an increase of approximately 250% from around 14,000 breeders as at September 30, 2014. The Group is expected to record a very substantial increase in net profit generated from mink farming business for the Period as compared to the net profit for the corresponding period in 2014.