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Thursday, November 14th, 2019

Combine Will International : Reports HK$8.3 Million Loss in 2Q 2016 on 57.5% Fall in Revenue to HK$240.9 Million

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by August 12, 2016 General

Combine Will International Holdings Limited(Incorporated in the Cayman Islands on 8 October 2007) (Co. Reg. No.: MC-196613)Press ReleaseCombine Will Reports HK$8.3 Million Loss in 2Q 2016 on 57.5% Fall in Revenue to HK$240.9 MillionDecrease in sales across all three business segmentsExpects loss for FY2016Healthy cash position with HK$66.1 million at 30 June 2016Plans to diversify production base to enjoy greater cost efficiencies underway with purchase of industrial land in IndonesiaFINANCIAL HIGHLIGHTSSingapore, August 11, 2016 – Singapore Exchange Main Board-listed Combine Will International Holdings Limited (“Combine Will” or “the Group“), a leading Original Design Manufacturer (“ODM“)/Original Equipment Manufacturer (“OEM“) of corporate premium, toys and consumer products in the People’s Republic of China (“PRC“) and Hong Kong reported a net loss of HK$8.3 million on the back of a 57.5%

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