The board of directors of the China Futex Holdings Limited reported that, based on the preliminary assessment of the currently available unaudited consolidated management accounts of the group for the year ended 31 December 2017, the group is expected to record over 70% increase in profit attributed to owners of the company for the year ended 31 December 2017 as compared to that for the year ended 31 December 2016. The expected increase was primarily attributable to the growth in revenue generated from the sale of circular knitting machines by the group.