Vinco Financial : THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2016

VINCO FINANCIAL GROUP LIMITED

域高金融集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8340) THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2016 CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss however arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement, for which the directors (the "Directors") of Vinco Financial Group Limited (the "Company", together with its subsidiaries, the "Group") collectively and individually accept full responsibility, include particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all respects and not misleading and deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

HIGHLIGHTS

• The Group recorded a turnover of approximately HK$13.29 million for the nine months ended 30 September 2016 (2015: approximately HK$16.19 million).

• Profit attributable to shareholders for the nine months ended 30 September 2016 amounted to approximately HK$2.32 million (2015: profit of approximately HK$6.27 million).

• The Directors do not recommend the payment of a dividend for the nine months ended 30 September 2016.

Third Quarterly Results (Unaudited)

The board of Directors (the "Board") is pleased to present the unaudited condensed consolidated results of the Group for the three and nine months ended 30 September 2016 together with the comparative unaudited figures for the corresponding periods in 2015, as follows:

Condensed Consolidated Statement of Comprehensive Income

Three months ended Nine months ended 30 September 30 September

2016 2015 2016 2015

Notes HK$'000 HK$'000 HK$'000 HK$'000

(unaudited) (unaudited) (unaudited) (unaudited)

Turnover 2 4,714 6,180 13,289 16,190

Other revenue 4 - - - - Operating expenses (3,836) (3,558) (10,971) (9,919)

Earnings/(Loss) before

taxation 878 2,622 2,318 6,271 Income tax 5 - - - -

Earnings/(Loss) attributable to equity holders

the Company	878	2,622	2,318	6,271
Equity holders of the Company	878	2,622	2,318	6,271
878 =========	2,622 =========	2,318 =========	6,271 =========
Earnings/(Loss) per share Basic earnings per share (Hong Kong cents)	6	0.14	0.41	0.36	0.98
=========	=========	=========	=========

Attributable to:

Condensed Consolidated Statement of Changes in Equity

For the nine months ended 30 September 2016

Attributable to equity holders of the Company

Share capital HK$'000	Share premium and reserve HK$'000	Retained profits HK$'000	Total equity HK$'000
At 1 January 2015	6,400	21,787	(7,303)	20,884
Profit for the year	-	-	2,534	2,534
At 31 December 2015 and at 1 January 2016	6,400	21,787	(4,769)	23,418
Profit for the period	-	-	2,318	2,318
At 30 September 2016	6,400	21,787	(2,451)	25,736

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