Kwong Man Kee Group Limited announced earnings guidance for the three months ended June 30, 2018. The board of directors of the company announced that based on a preliminary review of the group's unaudited consolidated management accounts, the group is expected to record a profit before tax approximately HKD 2.5 million for the three months ended June 30, 2018 as compared to the loss before tax of approximately HKD 0.7 million for the three months ended June 30, 2017. The board considered that the improvement of results was primarily attributable to the significant increase in revenue during the three months ended 30 June 2018, as compared to that for the corresponding period in 2017, which was mainly caused by the significant numbers of contracts under progress for the year ended 31 March 2018 and recognition of their revenues based on the stage of completion during the three months ended June 30, 2018.