Hsin Chong Group Holdings Limited provided group earnings guidance for the six months ended 30 June 2017. The board of directors of the company announced that the shareholders of the company and potential investors that the Group is expected to record a loss for the six months ended 30 June 2017 as compared to a profit for the six months ended 30 June 2016. It is mainly attributable to the following factors:­ the recognition of a fair value loss attributable to the change in fair value of the investment properties of the Group for the six months ended 30th June, 2017, while a fair value gain in respect of such fair value change was recorded for the six months ended 30 June, 2016; impairment loss on properties under development was recognized for the current period and provision for impairment on property, plant and equipment.