Larry Jewelry International Company Limited reported audited consolidated earnings results for the full year ended December 31, 2016. For the period, the company reported revenue of HKD 264,082,000 against HKD 191,769,000 a year ago. Loss before tax was HKD 84,584,000 against HKD 53,908,000 a year ago. Loss for the period attributable to the owners of the company was HKD 83,807,000 against HKD 50,450,000 a year ago. Basic loss per share was 5.82 cents against 13.33 cents a year ago. The increase in the loss of approximately HKD 33,357,000 was mainly attributable to the increase in impairment loss recognized on goodwill and allowance for inventories net of gain on fair value changes on convertible bonds of approximately HKD 39,096,000 in total was recognized during the year.