BEP International Holdings Ltd. provided earnings guidance for the six months ended September 30, 2016. The board of directors of the company informed the shareholders of the company and potential investors that based on the preliminary review on the unaudited management accounts of the Group for the six months ended September 30, 2016, it is anticipated that the Group may record a net loss for the interim period as compared to the net profit for the corresponding period in 2015 of approximately HKD 68 million. The expected net loss is mainly attributable to: the increase in finance costs which was primarily related to interest for bank loan and discounting of bills receivables; the increase in foreign exchange losses due to exposure to foreign exchange risk related mainly to Renminbi and the United States dollars, which mostly arose from purchase transactions conducted with overseas suppliers in the United States dollars and sales transactions with Mainland customers in Renminbi; the slower economic growth and deterioration in the global economic environment; and the decreases in both revenue and gross profit for sourcing and sale of metal minerals and related industrial materials.