Hang Fat Ginseng Holdings Company Limited provided consolidated earnings guidance for the six months ended June 30, 2016. The company expected to record a loss for the six months ended 30 June 2016 as compared with the profit recorded for the six months ended 30 June 2015. Such loss was mainly attributable to (i) persistent slowdown in economy causing decrease in sales orders which negatively affects the revenue and gross profit of the Group; and (ii) recognition of write-down on inventories due to decrease in selling price of American Ginseng.