ELL Environmental Holdings Limited provided group earnings guidance for the six months ended June 30, 2017. For the period, the group is expected to record a net loss of not less than HKD 6.0 million as compared with a net profit of approximately HKD 4.5 million for the six months ended 30 June 2016. The Board believes that the net loss for first half of 2017 was mainly attributed to: the absence of construction profit in first half of 2017 as a result of the completion of the recognition of construction costs of the upgrade works in the wastewater treatment facility operated by Rugao Hengfa Water Treatment Company Limited, a wholly-owned subsidiary of the Company, prior to 2017; and a net loss of not less than HKD 6.0 million incurred by the biomass power plant in Indonesia operated by PT Rimba Palma Sejahtera Lestari, a 95%-owned subsidiary of the Company, as a result of the low market consumption for electricity in first half of 2017.