Li Bao Ge Group Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2017. For the period, the Group is expected to record a substantial increase in profit attributable to owners of the company as compared to that of the year ended 31 December 2016, which was mainly attributable to the listing expenses of approximately HKD 7.5 million incurred by the Group for the year ended 31 December 2016 while there was no such expense being recorded for the year; and the operating profit of the shenzhen restaurant had significantly increased for the year as a result of the continued increase in revenue which led to the increase in gross profit generated by the shenzhen restaurant.