K & P International Holdings Limited provided earnings guidance for the year ended December 31, 2017. The board of directors of the company announced that based on a preliminary review of the unaudited consolidated management accounts of the group for the year ended December 31, 2017, which have not been audited or reviewed by the company's auditor, the group is expected to record a consolidated profit before tax in the region of around HKD 8.0 million for the year ended December 31, 2017, as compared with a consolidated loss before tax of approximately HKD 8.3 million for the year ended December 31, 2016. The estimated improvement in results is primarily attributable to the absence of the one-off provision for impairment on segment assets and other costs of approximately HKD 13.1 million in respect of the group's consumer electronic products business for the year ended 31 December 2016.