China Maple Leaf Educational Systems Limited provided group earnings guidance for the six months ended February 29, 2016. The group is expected to record an increase of not less than 60% in net profit for the six months ended 29 February 2016, as compared with that of the six months ended 28 February 2015. Based on information available to date, the expected increase in net profit of the Group for the six months ended 29 February 2016 was primarily attributable to the combined effects of: an increase in overall gross profit margin due largely to the increased utilization of certain schools resulting from an increase in student enrollment; an increase in investment and other income and a decrease in finance costs due largely to a better utilization of surplus cash; and a decrease in listing-related expenses and share-based payments.