Wan Kei Group Holdings Limited reported earnings guidance for the six months ended 30 September 2016. The company, together with its subsidiaries, the Group, has reported that, based on the preliminary review on the unaudited consolidated management accounts of the Group for the six months ended 30 September 2016, it is expected that the Group will record a decrease in its net profit for the six months ended 30 September 2016 (the Interim Period) as compared to the net profit of approximately HKD 25.85 million for the corresponding period in 2015. The Board believes that the decrease in net profit for the Interim Period was primarily attributable to the decrease in revenue of foundation works of the Group during the Interim Period; and the decrease in gross profit margin of the newly tendered foundation works projects of the Group during the Interim Period as a result of the keen competition in the industry.