Long Ji Tai He Holding Limited provided earnings guidance for the year ended December 31, 2015. For the period, the board of directors of the company announced that based on the preliminary review of the unaudited management accounts of the Group for the year ended December 31, 2015, the company has turned from loss to gain and is expected to record a significant increase in consolidated net profit for the year ended December 31, 2015 as compared to the audited consolidated net loss for the year ended December 31, 2014. Such increase was mainly attributable to the revenue generated from the Donghu Project operated by Baoding Sheng Chen City Construction Management Company Limited which was acquired by the company in July 2015.
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