China Green (Holdings) Limited board of directors announced that, based on information currently available, the loss attributable to owners of the company for the six months ended 31 October 2016 is expected to increase substantially as compared to the loss attributable to owners of the company of approximately RMB 33,955,000 in the corresponding period in 2015. The board considers that the expected widening in the net loss was mainly attributable to: expected gross loss for the Current Period, which is mainly due to the decrease in revenue from the fresh produce and processed products business and an increase in operating costs; and the profit from the Group's discontinued operations attributable to owners of the company of approximately RMB 91,696,000 as recorded in the previous period, which did not occur in the current period.