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Differ Group Auto Limited — Regulatory Filings 2016
Jul 27, 2016
51068_rns_2016-07-27_bd4780da-9f47-4f0e-9c98-21aff8ba218c.pdf
Regulatory Filings
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
DIFFER GROUP HOLDING COMPANY LIMITED 鼎豐集團控股有限公司
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 6878)
POSITIVE PROFIT ALERT
This announcement is made by Differ Group Holding Company Limited (the “ Company ” and together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to inform the shareholders of the Company and potential investors that based on the preliminary review and analysis of the latest available unaudited management accounts of the Group, the net profit of the Group is expected to increase in excess of 25% for the six months ended 30 June 2016 as compared to the net profit for the corresponding period of 2015. The Group is expected to record a significant increase in net profit mainly due to the substantial increase in the revenue of the Group for the six months ended 30 June 2016, mainly derived from (i) the remarkable business growth of financial lease service and express loan service; and (ii) gain on disposal/execution of distressed assets in the ordinary and usual course of the Group’s asset management service.
The Company is still in the process of finalising the unaudited consolidated financial results for the six months ended 30 June 2016. The information contained in this announcement is only based on a preliminary assessment of the unaudited management accounts of the Group and information currently available. It is not based on any data or information that have been audited or reviewed by the auditors of the Company.
Further details of the Group’s financial information and performance for the six months ended 30 June 2016 will be disclosed in the forthcoming interim results announcement to be published by the Company in due course.
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Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.
By order of the Board of Differ Group Holding Company Limited HONG Mingxian Chairman and Executive Director
Hong Kong, 27 July 2016
As at the date of this announcement, the executive Directors are Mr. HONG Mingxian, Mr. NG Chi Chung and Mr. CAI Huatan; the non-executive Directors are Mr. CAI Jianfeng and Mr. WU Qinghan; and the independent non-executive Directors are Mr. CHAN Sing Nun, Mr. TSANG Hin Man Terence and Mr. ZENG Haisheng.
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