Tonly Electronics Holdings Limited provided earnings guidance for fourth quarter and full year ended December 31, 2014. The group is expected to record an increase in profit attributable to the owners of the company for the quarter ended 31 December 2014 as compared to that for the corresponding period in 2013.

The group is expected to record an increase in profit attributable to the owners of the company for the year ended 31 December 2014 as compared to that for the year ended 31 December 2013. Based on the information currently available, the primary reasons for the abovementioned expected increase in profit were that, due to the completion of the Group's acquisition of the remaining 20% of the issued share capital of the holding subsidiary of the Group, Tonly Electronics Limited, on 15 May 2014, the profits attributable to the owners of the company for year 2014 increased accordingly and due to the concerted effort of various departments across the group after the relocation of the group's production facilities which took place in 2013, the group's production efficiency has been restored to a reasonable level in the industry from the decline in the fourth quarter of 2013 as a result of the relocation.