LEAP Holdings Group Limited provides unaudited consolidated earnings guidance for the year ended 31 March 2017. For the year the expected to record a substantial decrease in net profit for the year ended 31 March 2017 as compared to the year ended 31 March 2016. This is mainly attributable to: keen competition in the market which led to (i) the decrease in revenue generated from the foundation business and (ii) the commencement of several foundation works projects with lower gross profit margin during the year; and unexpected increase in project cost of certain projects during the year which led to a substantial decrease in gross profit in foundation business.