Crocodile Garments Ltd. provided preliminary unaudited consolidated earnings guidance for the six months ended 31 January 2016. The Board announced that the unaudited interim consolidated profit attributable to owners of the company for the period is expected to be within the range of HKD 12 million to HKD 17 million, which represented a material decrease from that of HKD 50.2 million for the corresponding period last year. The decrease in the group's results for the Period is primarily due to the weaker performance of the garment business, the lower revaluation gain arising from the revaluation of the group's investment properties and the devaluation of the financial assets at fair value through profit and loss for the Period as compared to the corresponding period last year.