Miko International Holdings Limited provided earnings guidance for the six months ended June 30, 2016. For the period, the company available, the group expects to record a significant decrease in profit attributable to shareholders by not less than 80% for the six months ended 30 June 2016, as compared to the six months ended 30 June 2015. The expected decrease in profit attributable to shareholders for the six months ended 30 June 2016 is mainly attributable to the further slowdown of the consumer market growth in the PRC, the transformation and upgrading with the impact of on-line shopping and the closing down of some outlets with low performance which impacted sales performance of own branded products.