Hop Hing Group Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2017. For the year, the company expects to record an increase of not less than 30% in its consolidated profit attributable to shareholders of the Company for the year ended 31 December 2017 as compared with that for the year ended 31 December 2016. During the year under review, the business strategies implemented by the Group further improved its operating efficiency. In addition, the change of the type of tax assessed on the Group from business tax to value-added tax together with the appreciation of the Renminbi in the latter half of 2017 has had a positive impact on the financial performance. These positive factors enabled the Group to offset the effects of the increases in food costs, labour costs, delivery logistics and related costs in the second half of 2017.