Walker Group Holdings Limited provided consolidated earnings guidance for the full year ending March 31, 2012. For the year, the company reported based on actual sales performance of the group for the month of February and March 2012 and the fair value of financial investments of the group as at March 31, 2012, the group may record a loss or slight profit for the year ending March 31, 2012 as compared with an audited consolidated net profit of approximately HKD 23 million for the year ended March 31, 2011 mainly due to escalating operating costs in the PRC and Hong Kong such as increase of rental and staff salaries and the prevalence of relatively mild weather prior to the festive seasons had an adverse impact on the sentiment to spend on winter associated outfit which turned customary high turnover for such periods sluggish and earlier seasonal discounts were offered to boost sales.