Win Hanverky Holdings Limited provided earnings guidance for the year ended 31 December 2017. The board of directors of the company announced that based on the information currently available and the unaudited consolidated management accounts of the Group for the year ended 31 December 2017, it is expected that the profit attributable to the shareholders of the Company for the year ended 31 December 2017 may decrease by approximately 90% as compared to HKD 143.5 million for 2016. The decrease was mainly attributable to the factors of decrease in revenue of manufacturing business by approximately HKD 500 million or 16% to approximately HKD 2,621 million; costs incurred for the closure of a factory in Wuzhou, Guangxi province of Mainland China, including redundancy expenses and impairment of assets, amounted to approximately HKD 24 million; and continuous decrease in same-store sales and store contributions of the Group's sportswear retail business.