Ipco International Limited provided consolidated earnings guidance for the first quarter ended 31 July 2017. The Board of Directors of the company announced that, based on a preliminary review of the draft unaudited consolidated financial results for the first quarter ended 31 July 2017, the company and its subsidiaries are expected to report a net loss for the first quarter of fiscal 2018, which is mainly attributable to the translation effect on the operations of the Group's foreign currency denominated subsidiaries.