Joyce Boutique Holdings Limited announced consolidated earnings results for the year ended March 31, 2017. For the year, the company’s revenue was HKD 954,368,000 against HKD 1,179,393,000 a year ago. Operating loss was HKD 38,839,000 against HKD 78,860,000 a year ago. Loss before income tax was HKD 40,362,000 against HKD 85,551,000 a year ago. Loss attributable to owners of the company was HKD 41,854,000 compared with HKD 78,015,000 a year ago. Loss per share, basic and diluted was 2.6 cents compared to 4.8 cents a year ago. The fall in revenue was due to the closure of shops upon the expiry of their leases as well as an overall weakness in retail sales performance under difficult trading conditions.