SMIT Holdings Limited provided earnings guidance for the six months ended June 30, 2016. For the period, the company expects to record an approximate 35% to 45% decrease in profit for the period, as compared to that of the corresponding period in 2015. This is mainly attributable to the recognition of the expenses in relation to the listing of the shares of the company on the Main Board of the Stock Exchange of Hong Kong Limited in the six months ended June 30, 2016. Excluding listing expenses, profit for the six months ended 30 June 2016 remained relatively stable as compared to profit for the corresponding period in 2015.