In Construction Holdings Limited provided consolidated earnings guidance for the six months ended September 30, 2017. The Group is expected to record a notable decrease in its unaudited consolidated net profit for the six months ended September 30, 2017 as compared with that of the corresponding period in last year. The prolonged delay on granting funds for new public works in the last 2 years has driven more public sector contractors to tender for work in the private sector. Such fierce competition in the market had led to a decrease in contract revenue being recognized by the Group during the Period as compared with that of the corresponding period in last year, and a relatively lower gross profit margin for a few foundation projects when compared with the overall gross profit margin for projects of the corresponding period in last year.