Veeko International Holdings Ltd. provided consolidated earnings guidance for the year ended March 31, 2016. The company announced that the unaudited consolidated profit of the group for the year ended March 31, 2016 is expected to decrease by over 40% as compared to that for the year ended 31 March 2015, primarily due to the weak retail environment with cautious consumption sentiments, which has led to decrease in both sales and profit. The above decrease mainly attributes to the Group's fashion business segment.