Modern Beauty Salon Holdings Limited Announces Earnings Guidance for the Year Ended March 31, 2016
May 06, 2016 at 07:07 am EDT
Modern Beauty Salon Holdings Limited announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2016, the Group is expected to record a substantial decrease in profit for the year ended 31 March 2016 as compared to the year ended 31 March 2015. Such substantial decrease was mainly attributable to the decrease of turnover induced by the continuous lackluster consumer sentiment.