AUX International Holdings Limited provided consolidated earnings guidance for the year ended March 31, 2016. The board of directors of the company informed the shareholders and potential investors of the company that based on the preliminary assessment of the unaudited consolidated management accounts of the group for the eleven months ended 29 February 2016 and currently available information, the group is expected to record a substantial increase in the consolidated net loss for the year ended 31 March 2016 as compared with the audited consolidated net loss of approximately HKD 104,000 for the year ended 31 March 2015. The expected increase in the consolidated net loss was mainly attributable to the following factors: a decrease in revenue mainly due to continuingly weakening sentiment in consumer market caused by volatile economic condition and intense competition in clubbing business; the closure of Beijing Club from 15 September 2015 until the end of its tenancy in February 2016 for reinstatement work without any rent-free period; and as disclosed in the interim report of the company for the six months ended 30 September 2015, full effect of the operational and rental expenses of Zentral, which was opened in December 2014.