On Time Logistics Holdings Limited provided earnings guidance for the year ended December 31, 2015. The Board of the company announced that despite the significant drop in the net profit for the six months ended 30 June 2015 as compared to the corresponding period of 2014, the group's operational performance has improved during the second half of the year 2015 and is expected to record only a moderate decrease in the net profit for the year ended 31 December 2015 as compared to that for the year ended 31 December 2014. Such decrease was mainly attributable to the increment in provision of doubtful debts and bad debts during the year ended 31 December 2015 specially for one of the group's agents in Brazil and the default in payment thereby.