Crocodile Garments Limited provided earnings guidance for the six months ended January 31, 2017. For the year, the company is expected to record an unaudited interim consolidated loss attributable to owners of the Company for the Period within the range of HKD 2 million to HKD 5 million, as compared to the consolidated profit of approximately HKD 15.5 million for the corresponding period last year. The Group's loss for the Period is primarily due the revaluation loss arising from the revaluation of the Group's investment properties as compared to the gain of approximately HKD 41.6 million recorded in last year and continuously weak performance of the garment business.