China Water Industry Group Limited provided group earnings guidance for the six months ended June 30, 2017. For the period, the group expects to record a substantial net loss of not more than HKD 50 million as compared to the net loss of HKD 1.86 million recorded for the corresponding period in 2016. Comparing with the 2016 interim period, the board considered that the increase in net loss in the 2017 interim period was principally attributable to: the unrealized fair value loss on equity investments at fair value through profit or loss; impairment loss recognized on available-for-sale financial assets and a substantial decrease in gain on disposal of AFS.