K & P International Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2018. The company expects to record a decrease in the unaudited consolidated profit attributable to owners of the company by around 80% for the six months ended 30 June 2018, as compared to that for the same period last year. Such decrease in profit is primarily attributable to (i) a one-off staff compensation incurred early of this year for the closure of a factory in the Group's consumer electronic products business segment; (ii) an increase in the costs of plastic and silicone, being the principal raw materials used in the Group's manufacturing process; and (iii) an increase in wages caused by labour shortage in China and the appreciation of Renminbi against Hong Kong Dollars, which together led to an increase in manufacturing costs.