Libra Group Limited provided earnings guidance for the year ended 31 December 2016. The Board of Directors announced that the Group is expected to report a decline in earnings for its full year financial results ended 31 December 2016, mainly due to lower operating margins as a result of the challenging economic environment; and potential provisions to be made in relation to doubtful receivables from certain external parties. The profit guidance is based on the preliminary review of the management accounts of the Group for financial results ended 31 December 2016.