Shun Wo Group Holdings Limited provided group earnings guidance for the year ended 31 March 2018. For the period, the group is expected to record a net profit of about HKD 5.0 million, as compared to the net profit of approximately HKD 18.2 million for the year ended 31 March 2017. Such decrease in the net profit is primarily attributable to the decline of around 40% in revenue of foundation works as well as the decline of the group's gross profit margin due to the keen competition faced by the group in obtaining new businesses.