Veeko International Holdings Limited provided earnings guidance for the year ended March 31, 2018. The board of directors of the company announced the shareholders of the company and potential investors that based on the preliminary assessment of the unaudited consolidated management accounts of the group for the year ended March 31, 2018 and the information currently available, it is expected that the Group will record a profit ranging from approximately HKD 1,500,000 to approximately HKD 6,500,000 for the year ended March 31, 2018, as compared to the loss of approximately HKD 25,894,000 for the year ended March 31, 2017. The turnaround from loss to profit was mainly attributable to the improvement in financial performance regarding cosmetics business segment during the second half of 2018 financial year which resulting in the decrease in loss derived from such business segment as a whole for the year ended March 31, 2018; and valuation gain in investment properties. The financial performance of fashion business segment remained stable as compared with last year.