Da Ming International Holdings Limited provided earnings guidance for the six months ending June 30, 2016. For the period the Group is expected to record an unaudited net profit for the six months ending June 30, 2016 as compared with the unaudited net loss for the six months ended June 30, 2015. The Board consider that the expected improvement in the overall results of the Group for the six months ending 30 June 2016 as compared with the six months ended 30 June 2015 was principally due to there was an increase in the sales volume and processing volume of stainless steel and carbon steel processing services for the five months ended 31 May 2016 as compared with the five months ended 31 May 2015. In particular, the increase in the sales volume and processing volume of carbon steel processing services were more than 40% and 60% respectively; the market price of both stainless steel and carbon steel materials remain stable and no additional inventory provision were made this year; and contribution from new equipment and newly opened processing centre.