18.5% increase in profit attributable to shareholders with prudentoutlook due to market uncertainty

HONG KONG, CHINA - Media OutReach - August 27, 2018 -Dah Chong Hong Holdings Limited ("DCH"; stock code: 1828.HK) announced todayits results for the half year ended 30 June 2018.

DCH recorded an increase of 18.5% in profitattributable to shareholders totaling HK$275 million and revenue of HK$24,474million (first half 2017: HK$23,352 million). Revenue increased by 9.8% on a like-for-likebasis as operational enhancement measures delivered growth and profitabilityimprovement in core segments and increased by 4.8% after the impact of Hong KongFinancial Reporting Standard 15 adopted on 1 January, 2018. Earnings per share were14.89 HK cents and the declared interim dividend was 5.05 HK cents per share.

Motor Business

In mainland China, DCH vehicle unit sales increasedby 10.5% and revenue increased by 24.3% to HK$14,628 million (first half 2017:HK$11,770 million) reflecting increased exposure to the luxury and premiumsegments and the effectiveness of sales activities. Operating profit surged by73.4% to HK$482 million (first half 2017: HK$278 million) as a result ofincreased sales and business enhancement measures which included thecentralisation of management, rationalisation of the dealership portfolio and operationalimprovements. InHong Kong and Macao, revenue grew by 9.2% to HK$2,892 million (first half 2017:HK$2,649 million) as DCH vehicle unit sales increased by 12.1% due to marketshare recovery following the revision of policies which bolstered the sales ofelectric and diesel vehicles in 2017. Operating profit improved significantlyby 39.9% to HK$235 million (first half 2017: HK$168 million) from highervehicle sales volume, efficiency enhancements and increased profitability inthe motor related business.

Consumer Products Business

The consumerproducts business delivered an operating loss of HK$3 million (first half 2017:HK$138 million profit) as improved performance in Hong Kong and Macao, drivenby synergy and portfolio development, was offset by restructuring in mainlandChina and Southeast Asia. After portfolio and market optimisation, revenue wasHK$6,280 million (first half 2017: HK$7,994 million), a decrease of 7.4% on alike-for-like basis and 21.4% after the impact of the new accounting standard.

Outlook

Sino-UStrade tensions and changing import tariffs in mainland China have generatedmarket uncertainty, and although the direct impact to DCH businesses isexpected to be minimal, future and indirect impacts are challenging to predict.Accordingly, DCH will prudently monitor the situation while continuing plans tostrengthen internal operations, expand the motor business in mainland China andposition the consumer products business to benefit from growth in the GreaterBay Area and "One Belt, One Road" countries.

This press release should be read inconjunction with the full text of DCH's HKEx Announcement dated 27 August 2018,which is available on https://www.hkex.com.hk.

About DCH

DahChong Hong ("DCH"; stock code: 1828.HK ) is an integrated motor and consumerproducts distribution company operating in Asia with an extensive logisticsnetwork. DCH is a leading distributor and dealer of motor vehicles in GreaterChina and provides a full range of motor related services includingmaintenance, rental, repair and financing. DCH's consumer products businessincludes the distribution of food and FMCG, healthcare and electrical productsas well as food processing, trading and retail.

Dedicated tobringing to quality products to consumers across Asia, DCH is the preferredpartner of over 1,000 brands from more than 30 countries with operations in 12Asian economies. DCH is a subsidiary of China's largest conglomerate CITICLimited (stock code: 00267) and employs over 17,000 staff across the AsiaPacific region. For more details, please visit www.dch.com.hk.