Grand Peace Group Holdings Limited provided profit guidance for the three months ended 30 June 2018. For the quarter, it is expected the Group may record a loss attributable to the shareholders of the Company for the three months ended 30 June 2018 as compared to that for the corresponding period in 2017. The expected loss was mainly due to (i) lower gross profit margin recorded; (ii) an increase in selling and distribution expenses; and (iii) an increase in administrative and other operating expenses.