Vision Fame International Holding Limited provided consolidated earnings guidance for the year ended 31 March 2016. The board of directors of the company announced the shareholders of the company and potential investors that based on the preliminary assessment of the latest available unaudited management consolidated accounts of the group, the group will record a profit for the year ended 31 March 2016 as compared to a loss for the year ended 31 March 2015. The main reasons of turning into profit are: a gain on disposal of an office premise in Hong Kong to an independent third party of approximately HKD 20,000,000 was recognized for the year ended 31 March 2016; improvement in gross profits of the building construction business as a result of a more proactive customer reach approach adopted and stringent cost control imposed by the group; and improvement in gross profits of the property maintenance business as a result of improvement in progress of property maintenance contracts achieved.