The board of directors of Jiande International Holdings Limited provided earnings guidance for the six months ended June 30, 2017. For the period, the group is expected to record a loss attributable to owners of the company in contrast with a restated profit attributable to owners of the company for the six months ended June 30, 2016. The turnaround from profit to loss was mainly attributable to decrease in revenue as there were no delivery of newly completed properties by the group during the six months ended June 30, 2017 as compared to the commencement of delivery of stage 1 of phase 1 of The Cullinan Bay project in June 2016 and an increase in administrative expenses incurred by the company upon the resumption of trading of its shares on The Stock Exchange of Hong Kong Limited.