Major Holdings Limited provided earnings guidance for the year ended March 31, 2017. For the year, the company expects to record a loss for the year ended 31 March 2017, as compared with the profit of approximately HKD 7.4 million recorded by the Group for the year ended 31 March 2016. Such loss was primarily attributable to the loss arising from the impairment loss on trade deposits paid for purchase of inventories.