The Board of directors Hong of Kong Resources Holdings Company Limited announced that based on a review of the unaudited consolidated management accounts of the Group for the six months ended 31 December 2017, the Group is expected to record a decrease in consolidated loss attributable to owners of the Company by more than 40% for the six months ended 31 December 2017 as compared to the corresponding period in 2016. Such improvement was mainly due to (i) increase in turnover as a result of increment of 2 shops in Hong Kong and 17 shops and counters in Mainland China and an increase in overall same-store growth in Hong Kong and Macau as well as in Mainland China; (ii) decrease of selling expenses, general and administrative expenses and other expenses; (iii) absence of recognition of impairment loss on investment in a film for the six months ended 31 December 2017.