Best Pacific International Holdings Limited provided earnings guidance for the year ended 31 December 2017. The Group is expected to record a net profit in its annual results for the year ended 31 December 2017 which is around 30% lower than the corresponding period in 2016. The lower net profit for the year ended 31 December 2017 was mainly attributable to (i) lower than expected revenue from its elastic fabric, elastic webbing and lace segments corresponding to lower lingerie sales to its customers; (ii) increase in overall manufacturing overheads mainly driven by the Group's increased investments in property, plant and equipment; (iii) increased costs spent in human resources; (iv) start up costs of the Vietnam operation; and (v) increase in costs or losses due to Renminbi appreciation.