The board of directors of Hung Hing Printing Group Limited informed the shareholders of the company and potential investors that, based on the preliminary review of the group's management accounts for the six months period ended 30 June 2016 and information currently available to the Board, the group expects to record a net loss of approximately HKD 20 million as compared to a net profit of HKD 12 million recorded by the group in the same period last year. During the six months ended 30 June 2016, the group expects to record a decrease of 6% in revenues over the corresponding period in 2015. Together with lower sales mix of special projects and the impact on capacity utilization, gross profit margins were anticipated to decrease by approximately HKD 33 million compared to the same period of last year.