Royal China International Holdings Limited provided earnings guidance for the nine months ended June 30, 2017. For the period, the company expected to record a decline of approximately 80% to 90% in its profit attributable to the owners of the company for the reporting period, as compared to the corresponding reporting period in 2016. The decline of the Group's profits is mainly attributable to (i) the substantial decrease in revenue and gross profit of one-stop integrated interior design solutions arisen from intensive competition in the interior design industry; (ii) the increase professional fees incurred for mandatory unconditional cash offer for the shares of the Company; and (iii) the increase in the operating expenses for preparing new businesses and general administrative purpose.