Wan Kei Group Holdings Limited provides earnings guidance for the year ending 31 March 2017. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on its initial assessment of the latest unaudited consolidated management accounts of the Group and the information currently available to the Company, the Group expects to record a substantial decrease in its consolidated net profit or may even record a loss for the year ending 31 March 2017, as compared to the consolidated net profit of approximately HKD 25.6 million for the year ended 31 March 2016. The estimated decrease in net profit for the year ending 31 March 2017 is primarily attributable to (i) the decrease in revenue of foundation works of the Group; and (ii) the decrease in gross profit margin of the newly tendered foundation works projects of the Group.