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HITECH GROUP AUSTRALIA LIMITED Earnings Release 2016

Sep 28, 2015

65055_rns_2015-09-28_ec0da91f-3205-4677-8ddc-85a836e16c5f.pdf

Earnings Release

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ASX RELEASE

29 September 2015

Market Update

HiTech improves revenue and profit by over 40% in July/August 2015

For the months of July and August 2015, the company’s operating revenue has increased by over 40% compared to the previous corresponding period (pcp).

Profit results have significantly increased and exceeded 60% over pcp.

We will update the market regularly and announce our full results for the first quarter (Q1) towards the end of October as we finalise our Q1 figures.

Outlook for FY2015

The outlook for FY2015 is quite positive and is expected to be significantly better than pcp with higher revenue and a commensurate profitable financial year as we win more business and improve our operation.