China Medical System Holdings Limited (HKG:0867) expected to record a significant increase in net profit for the year ended 31 December 2011 as compared to the profit reported for the corresponding period in 2010.

The Company stated that the increase in profit is principally attributable to the continued steady growth of Group’s sales and effective cost control; and the successful acquisition of Great Move Limited and all its subsidiaries. Tianjin Precede Medical Trade Development is the main wholly-owned subsidiary of Great Move, which was a profitable company before merging with the Group and has committed to achieving not less than HK$150 million of net profit in 2011.