China Green (Holdings) Limited provided earnings guidance for the year ended April 30, 2017. For the period, the group is expected to record a significant loss, which was mainly attributable to: expected gross loss for the current year which is mainly due to the decreases in revenue from each of the group's business segments, namely, fresh produce and processed products; and branded food products and others, and an increase in operating costs; and impairment losses on property, plant and equipment and long-term prepaid rentals recognized as a result of the production in the multi grain farmland in Baicheng City, Jilin Province falls short of expectations at its initial stage which adversely affected the quality of harvests and selling price; and decrease in demand of multi grain for the manufacturing of beverages or beverage components during the current year.