SG Group Holdings Limited provided earnings guidance for the year ended April 30, 2017. The company group's net profit for the year ended 30 April 2017 to be affected by the estimated expenses in relation to the listing and foreign exchange losses on pound sterling. The board of directors of the company informed the shareholders of the company and potential investors that, based on the Group's unaudited consolidated management accounts for the year, the Group is expected to record a decrease of approximately 64% in the net profit for the Year. Such decrease in the Group's net profit was mainly as a result of the increase in the listing expenses recorded for the Year, which are non-recurring in nature; and the recognition of an exchange loss due to the depreciation of GBP. Based on the draft consolidated management accounts for the Year, the Group expects to record a year-on- year increase of revenue and gross profit in approximately 2% and 3%, respectively.