Sin Heng Heavy Machinery Limited provided earnings guidance for the year ended 30 June 2016. The Group is expected to record a net loss for fourth quarter of 2016 and fiscal year 2016 due to lower revenue because of the competitive operating environment and disposal of certain non-performing, old-aged cranes. In addition, fiscal year 2016 net loss is also due to a one-time recognition of loss on the disposal of an associate company as announced on 12 November 2015.