L & A International Holdings Limited 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 six months ended September 30, 2016 is expected to record a substantial increase in the loss attributable to the owners of the Company by approximately 12,995% as compared to the corresponding six months ended 30 September 2015. Such increase in loss was mainly attributable to a tough retail environment in Hong Kong, a decrease in revenue from OEM segment primarily due to less cashmere contents of OEM products sold to customer given the demand for pure cashmere OEM products, which priced higher, was weakening due to an unexpected weakened consumer sentiment globally, and the increase in the administrative expenses of the Company which was mainly caused by the increase in the share option expenses for granting of share option for the six months ended 30 September 2016.