EGL Holdings Company Limited provided earnings outlook for six months ended June 30, 2016. For the period, the company expects to record a significant decrease in profit attributable to owners of the Company by approximately 70% as compared to that of the corresponding period in 2015. The expected decrease is mainly attributable to the decline in the gross profit of Japan-bound package tours because (i) the Group is facing higher costs of travel elements in Japan driven by high demand for travelling to Japan worldwide; and (ii) in view of the appreciation of Japanese Yen against Hong Kong Dollar as recorded for the first half of 2016, the Group had adjusted the tour price of Japan-bound package tours with lower gross profit margin so as to maintain the demand of customers.