Emperor Watch & Jewellery Limited provided earnings guidance for the six months ended 30 June 2017. For the period, the Group is expected to record a net profit as compared to a net loss for the six months ended 30 June 2016. The Board considers that such turnaround from loss to profit is due to an increase in revenue from improvements in consumer spending and traffic flow among local shoppers and mainland Chinese visitors, coupled with an enhanced operating leverage driven by a reduction in lease payment through the Group's continuous efforts on cost control.