Gemilang International Limited provided earnings guidance for the six months ending 30 April 2018. For the period based on a preliminary assessment by the company's management of the unaudited consolidated management accounts of the Group and other information currently available, the Group is expected to record a net loss for the six months ending 30 April 2018 as compared to a net profit for the corresponding period in 2017. Based on the information currently available to the Company, the Board believes that the expected net loss for the Interim Period is primarily attributable to: an increase in selling and distribution expenses which was mainly attributable to the increase in sales commission expenses incurred in connection with sales of buses in the Australian market; and a substantial decrease in the revenue of the Group.