Shanghai Turbo Enterprises Ltd. board of directors announced that based on the preliminary review of the group's draft unaudited consolidated financial results for the third quarter ended 30 September 2015 and for the nine months ended September 30, 2015 and the information currently available, the Group is expected to report lower profit for the third quarter of 2015 and for the first nine months of 2015 compared to the previous corresponding periods last year. This is attributable to weaker revenue in the third quarter of 2015 compared to the previous corresponding period as a result of lower margins, leading to lower profit after tax.