Mainland Headwear Holdings Limited board of directors announced that, based on the preliminary assessment of the group's unaudited consolidated management accounts and the information currently available to the Board, the consolidated net profit for the year ended 31 December 2016 of the Group is expected to be in the range between HKD 70.0 million and HKD 76.0 million as compared to HKD 51.4 million in 2015. Such significant increase in the net profit is mainly contributed by the increase of the profit of the manufacturing business segment of the Group which is resulted from the increase in production capacity and improvement in cost control in the manufacturing operation in Bangladesh after the implementation of the cost control measures for more than two years.