The board of directors Regina Miracle International (Holdings) Limited announced that, based on a preliminary review and assessment of the draft unaudited consolidated management accounts of the Group for the year ended 31 March 2017 and the information currently available to the Group, it is expected that the Group may record a significant decrease in its consolidated net profit for the Year as compared to that of the last financial year. Such significant decrease in the consolidated net profit is mainly attributable to weaker than expected orders from US customers; and Vietnam factory production ramp-up during its initial stage of operation diluting the gross margin and net profit margin of the Group.