The board of directors of Jete Power Holdings Limited to informed shareholders of the company and potential investors that, based on the information currently available, the Group is expected to record an increase in loss for the six months ended 30 June 2017 as compared with the loss for the corresponding period in 2016. Such increase in loss was mainly attributable to (i) the decrease in the sales of the Group's products for the six months ended 30 June 2017 and (ii) the share of loss from an associate which was acquired by the Group on 27 September 2016.