Hanbo Enterprises Holdings Limited provided earnings guidance for the six months ended June 30, 2017. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review on the unaudited management accounts of the Group and information currently available to the Board, the Group is expected to record a net loss for the six months ended 30 June 2017, as compared to a net profit for the corresponding period in 2016, which is mainly attributable to (i) an unrealized fair value loss on a financial investment at fair value through profit and loss of approximately HKD 2.3 million for the six months ended 30 June 2017; and (ii) administrative expenses of approximately HKD 39 million, mainly includes staff costs, depreciation of right-of-use assets and travelling expenses. In addition, based on the preliminary review on the unaudited management accounts of the Group and information currently available to the Board, the Group is expected to record a decrease in revenue from approximately HKD 208 million for the six months ended 30 June 2016 to approximately HKD 169 million for the six months ended 30 June 2017, representing a decrease of approximately HKD 39 million as compared to the corresponding period in 2016, which is mainly attributable to a significant decrease in revenue in June 2017 derived from apparel trading and related services segment.