Perfect Shape Beauty Technology Limited announces that based on its preliminary assessment of the unaudited consolidated management accounts of the company and its subsidiaries for the six months ended 30 September 2016, the profit for the period is expected to record a decline of approximately 45%-55% as compared to the corresponding period last year, primarily due to the worsening operating environment of the retail sector which has led to significant drops in both sales and operating profit and reduced operational efficiency as a result.