Fiyta Holdings Ltd. (HKG:0161) says that it expects RMB159 million net profits attributable to shareholders for the year of 2011 - compared to RMB93.99 million net profits for 2010, and EPS of RMB0.405 for 2011. The company says it recorded growth in income and rise in profitability in its main operating activities in luxury watch and retail sales in its own brand for 2011.