Kwong Man Kee Group Limited provided unaudited consolidated management accounts for the year ended 31 March 2017, the group is expected to record a loss as compared to the net profit of the Group for the financial year ended 31 March 2016. Such loss is mainly attributable to (i) the non-recurring listing expenses amounting to a total of approximately HKD 14 million; (ii) a decrease in revenue principally due to the delay in certain car park flooring projects; (iii) the increase in direct costs in relation to the car park flooring projects; and (iv) provision for bad debt of approximately HKD 1 million relating to trade receivables due from a listed company customer whose shares were suspended from trading on the Hong Kong Stock Exchange since April 2017 due to going concern uncertainties.