BGMC International Limited provided earnings guidance for the six months ended 31 March 2018. The board of directors of the company announced that, based on its preliminary assessment of the unaudited consolidated management accounts of the Group, the Group expects to record a substantial decrease in its consolidated profit for the six months ended 31 March 2018, as compared to the consolidated profit for the six months ended 31 March 2017. Based on the information currently available to the Board, such substantial decrease in the consolidated profit was mainly due to, among other factors, the decrease in revenue and gross profit in the construction service business of the Group; the increase in administrative and other expenses which primarily attributed to the increase in staff costs and depreciation expenses of property, plant and equipment; and the increase in both realized and unrealized foreign exchange loss on the Group's HKD denominated fixed deposit and bank balances.