Kingmaker Footwear Holdings Ltd. provided consolidated revenue guidance for the first quarter ended June 30, 2016. For the quarter, the company is expected to record a decrease in the unaudited consolidated revenue by approximately 28% for the three months ended 30 June 2016 as compared with the corresponding period of previous year based on the preliminary review of the unaudited consolidated management accounts of the Group for the three months ended 30 June 2016 and the information currently available to the Board. In order to deal with the challenging market conditions, the Group will implement the cost control measures as set out below.