Freetech Road Recycling Technology (Holdings) Limited provided earnings guidance for the year ended December 31, 2017. The Group is expected to incur a loss attributable to owners of the company in the range between HKD 250.0 million and HKD 280.0 million for the year ended 31 December 2017 as compared to a profit attributable to owners of the company of approximately HKD 43.1 million for the year ended 31 December 2016. The expected Net Loss is also mainly attributable to the recognition of an impairment losses on the property, plant and equipment of the subsidiaries of the Company and joint ventures of the Group as a result of unsatisfactory business performance of some of the subsidiaries of the company and joint ventures of the Group.