Lai Si Enterprise Holding Limited provided earnings guidance for the year ended 31 December 2017. For the year, the company is expected to record a decline in the net profit for 2017 as compared to that for the year ended 31 December 2016. The Board considers that such decline was mainly due to the Group adopted a more competitive pricing strategy to tender for sizeable fitting-out projects, resulting in a lower gross profit margin for 2017 and the increase in administrative expenses during 2017.