The board of Directors of the AKM Industrial Company informed the shareholders and potential investors of the company that, based on a preliminary assessment made with reference to the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 and other information currently available to the Board, as compared to the loss attributable to owners of the company of HKD 11,297,000 recorded for the six months ended 30 June 2016, the Group is expected to record a profit attributable to owners of the company for the six months ended 30 June 2017. The Board is of the view that the turnaround in results and profit for the six months ended 30 June 2017 is mainly attributable to the remarkable growth realised in the overall sales of the Group. Information disclosed in this announcement is only based on a preliminary assessment made by the Board and the management of the Group with reference to the information available as at the date of this announcement, which have not been reviewed by the company's auditors or the audit committee of the Board and is subject to further adjustments.