Sa Sa International Holdings Limited provided consolidated earnings guidance for the year ended March 31, 2016. The company announced that based on its preliminary assessment of the unaudited consolidated management accounts of the company and its subsidiaries for the year ended March 31, 2016, the profit for the period is expected to record a decline of over 50% 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 gross profit and reduced operational efficiency as a result.