Winox Holdings Limited provided unaudited consolidated earnings guidance for the eleven months ended 30 November 2018. For the period, the group is expected to record an increase of approximately 22% in its consolidated net profit for the 11-month period ended 30 November 2018 as compared with that for the year ended 31 December 2017 approximately of HKD 116,435,000. Such estimated increase in profit is mainly attributable to: the increase in sales of watch bracelets and mobile phone cases and parts of the Group in 2018; and the reduced income tax provision for the period and the reversal of over-provision of income tax for last year due to the approval of the reduction of enterprise income tax rate of two PRC subsidiaries of the company from 25% to 15%.