Heng Tai Consumables Group Limited provided consolidated earnings guidance for the financial year ended June 30, 2017. For the year, the company expected to record an increase in loss as compared to that of the financial results for the previous financial year for the reasons as a decrease in the revenue due to persistently weak demand in PRC consumer market and the increased competition from domestic brands further exacerbated the overall weak demand to the consumables goods which the Group are trading; the increase in administrative expenses due to those new businesses acquired during the year; the recognition of share-based payment expenses in respect of the grant of share options referred to in the Company's announcement dated 23 January 2017; and the Group is expected to record a properties revaluation loss and substantial impairment losses on the goodwill relating to cold chain products and construction in progress and assets relating to the remaining upstream farming business in relation to the cultivation of citrus and fruits.