Lifestyle International Holdings Limited provided earnings guidance for the six months ended 30 June 2016. For the period, based on the management's preliminary review of the unaudited consolidated management accounts of the group, the profit attributable to owners of the company is expected to decrease by approximately 50% as compared to that for the corresponding period in the previous financial year. The expected decrease in the profit attributable to owners of the company is primarily attributable to a significant drop in investment income of approximately HKD 445 million on the group's financial assets and bank deposits when compared to the same period last year. Decrease in sales revenue and hence profit of the group's retail operations due to slowing economy and weak consumer sentiment, increase in finance costs, decrease in share of results of associates, and one-off listing expenses relating to the spin-off and separate listing of Lifestyle China Group Limited.