Elec & Eltek International Company Limited provided consolidated earnings guidance for the six months ended June 30, 2017. For the period, the company expects to record a significant increase of not less than 250% in net profit attributable to owners of the company for the Current Period, as compared to the six months ended June 30, 2016. The major factors attributable to the increase in net profit attributable to owners of the company in the Current Period include, inter alia, the increased sales proportion of higher profit margin products arising from an adjustment in product mix allocation; the increased profit margin of laminates manufactured and sold by the Group, as compared to the corresponding period in 2016 and the absence of provision for impairment of the Group's plant and equipment in Yangzhou, as compared to provision for such impairment in the amount of $5.0 million in the corresponding period in 2016.