Upbest Group Limited provided preliminary consolidated earnings guidance for the financial year ended March 31, 2016. For the year, the group expects to record a substantial increase of more than 60% in profit when compared with the profit recorded by the group for the year ended March 31, 2015. Such increase was primarily attributable to the material gain on the disposal of properties as announced in the announcement of the company dated July 31, 2015 during the year.