Luxey International (Holdings) Limited provided earnings guidance for the year ended June 30, 2018. For the year, the company will record a more substantial loss as compared to the same period in 2017. Based on the information currently available, the Board believes that such loss would be mainly attributable to the increase in revenue from the low profit margin trading and online shopping related segment and the decrease in revenue from the higher margin swimwear and garment segment and the estimated impairment of goodwill of approximately HKD 78 million pertaining to the operating subsidiaries of the swimwear and garment segment.