Hong Kong Resources Holdings Company Limited provided earning guidance for the year ended June 30, 2017. For the year, the Group is expected to record a significant increase in the net loss of the Company in the amount more than HKD 60 million for the year ended 30 June 2017 as compared to the net loss of the Company in the amount of approximately HKD 120.9 million for the year ended 30 June 2016. The increase in net loss of the Company for the year ended 30 June 2017 was mainly due to (i) impairment loss on investment in an associate; (ii) impairment loss on available-for-sale investment; (iii) impairment loss on investment in a film; and (iv) substantial reduction in positive change in fair value of derivatives embedded in convertible bonds and share option.