XPD Soccer Gear Group Ltd. reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of AUD 26.9 million, up approximately 2% from the corresponding period in 2016. Profit before tax was AUD 5.7 million, down 10% from the corresponding period in 2016, primarily due to payment of factories rental to Henan Yuanlong, and increase of sales bonus of staff for 2016. NPAT was AUD 4.3 million, down 9.3% from the corresponding period in 2016.

For the year 2017, the company estimates sales to be between AUD 126 million and AUD 130 million.