Quali-Smart Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2016. For the period, the company expects net loss to increase substantially as compared with the consolidated net loss of the Group of about HKD 0.4 million for the corresponding period ended 30 September 2015. The expected widening in net loss is mainly attributable to the following reasons: the group is expected to record additional consolidated net loss of about HKD 15.3 million for the current period as a result of the consolidation of the results of Crosby Securities Limited and Crosby Asset Management (Hong Kong) Limited.