Universe Printshop Holdings Limited provided consolidated earnings guidance for the three months ended June 30, 2018. For the period, the group's unaudited consolidated management accounts for the three months ended 30 June 2018 and information currently available to the company, the group is expected to record a net loss for the three months ended 30 June 2018, as compared to a net profit of approximately HKD 1.3 million for the three months ended 30 June 2017 (excluding the impact of listing-related expenses of approximately HKD 5.9 million). The turnaround from profit to loss was mainly attributable to the decrease in gross profit margin of the group mainly due to the increase in the unit cost of raw materials and subcontracting charges; and the increase in salary costs due to salary adjustment.