Ground International Development Limited provided earnings guidance for the year ending 31 March 2017. The board of directors of the company announced that group is expected to record a net profit attributable to the shareholders for the year ending 31 March 2017 as compared to the net loss recorded for the Year 2015/16. Such turnaround is mainly due to the fact that the group is expected to recognize the sale of properties of approximately RMB 850 million upon completion and delivery of properties for the Year 2016/2017.