Keck Seng Investments (Hong Kong) Limited provided earnings guidance for the six months ended 30 June 2017. The group is expected to record a decrease of approximately 70% in the profit attributable to equity shareholders of the Company for the six months ended 30 June 2017 as compared to the six months ended 30 June 2016. The expected decrease in profit of the company for the six months ended 30 June 2017 was mainly attributable to an impairment loss of approximately HKD 146 million on a hotel property of the Group, namely the Sofitel Hotel New York.