Advanced Holdings Ltd. Provided earnings guidance for the third quarter ended September 30, 2016. The group is not expected to report a profit for third quarter 2016 against a profit for the corresponding period in 2015. Based on a preliminary review of the unaudited financial results of the group for third quarter 2016, this is mainly attributable to lower revenue and gross profit amidst challenging market conditions of the industry and a write down of assets classified as held for sale, namely goodwill, to its net realizable value in respect of a subsidiary which the Group has entered into a conditional sale and purchase agreement to dispose of its entire shareholdings.