Shun Wo Group Holdings Limited provided earnings guidance for the six months ended 30 September 2017. Based on the preliminary review of the unaudited consolidated management accounts for the six months ended 30 September 2017, the Group expects that the net profit of the Group for the six months ended 30 September 2017 will decline substantially, close to breakeven, as compared to the net profit of approximately HKD 5,033,000 for the six months ended 30 September 2016. Such decrease in the net profit is primarily attributable to the decline of more than 50% in revenue of foundation works due to the keen competition faced by the Group in obtaining new businesses.