Gemilang International Limited Provides earnings guidance for the year ended 31 October 2017. For the period, the company expected that the consolidated results of the group may record a decrease in the net profit after tax for the year ended 31 October 2017 as compared with that for the year ended 31 October 2016. The Board announced that the expected decrease in the net profit after tax for the year ended 31 October 2017 is mainly attributable to the combination of the following factors: a significant increase in selling and distribution expenses during the year ended 31 October 2017 which was mainly attributable to the increase in sales commission expenses incurred in connection with sales of buses in the Australian market as compared to that for the year ended 31 October 2016; a decrease in listing expense in relation to the global offering recorded during the year ended 31 October 2017 as compared to the fact that majority of the listing expense was recorded in the year ended 31 October 2016; an increase in administrative expenses after listing (including the increase in directors' fee, company secretarial fee, legal service fee and compliance advisory fee incurred after the listing on 11 November 2016); and the share-based payment expenses related to the share options granted during the year ended 31 October 2017 and the fact that no share option was granted and the absence of share-based payment expenses during the year ended 31 October 2016.