K & P International Holdings Limited provided earnings guidance for the six months ended 30 June 2017. For the period, the group is expected to record an unaudited consolidated profit attributable to owners of the company of around not less than HKD 6 million, as compared to that of approximately HKD 1.6 million for the same period last year. Such increase in profit is primarily attributable to (i) an expansion of the customer base, changes in the product mix and an improved profit margin of the Group's precision parts and components operating segment, and (ii) the depreciation of Renminbi against Hong Kong Dollars, as a significant portion of the Group's production costs are denominated in Renminbi where its sales are made in United States Dollars.