Kate China Holdings Limited announced that based on the preliminary review and analysis of the latest available unaudited consolidated management accounts, the group expects to record a loss for the nine months ended 31 December 2016 as compared to a profit of approximately HKD 3,400,000 for the nine months ended 31 December 2015. The loss for the nine months ended 31 December 2016 was mainly due to additional project costs incurred arising from a fire incident on the working site of one of the projects in progress as mentioned in the first quarterly report of the company.