L & A International Holdings Limited provided consolidated earnings guidance for the three months ended June 30, 2016. The board of directors of the Company announced to inform the shareholders and potential investors of the Company that based on the information currently available and the preliminary review of the unaudited consolidated management accounts of the Company, the consolidated results of the Company for the three months ended June 30, 2016 is expected to record a substantial increase in the loss attributable to the owners of the Company by approximately 300% as compared to the corresponding three months ended June 30, 2015. Such increase in loss was mainly attributable to (1) a tough retail environment in Hong Kong and (2) a decrease in the company's revenue from OEM segment primarily due to less cashmere contents of the company's OEM products sold to the company's customer given the demand for the company's pure cashmere OEM products, which priced higher, was weakening due to an unexpected weakened consumer sentiment globally.