Karrie International Holdings Limited provided consolidated earnings guidance for the full year ended March 31, 2017. The board of directors of company to inform the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the group for the year ended 31 March 2017, the consolidated net profit of the group for the year ended 31 March 2017 is expected to increase by approximately 40% to 50% when compared with the year ended 31 March 2016. Such expected increase was mainly attributable to the production efficiency improvement of the group brought by the merging of plants and the continuous deepening of automation application; the mitigation of production cost pressure due to Renminbi depreciation; and the decrease in operating loss of the consumer and services business for the year ended 31 March 2017 when compared with the year ended 31 March 2016.