New Provenance Everlasting Holdings Limited provided earnings guidance for the six months ended 30 September 2018. For the six months, the company expected net loss for the interim period as compared to the net profit for the corresponding period in 2017. The expected net loss is mainly attributable to (a) the increase in foreign exchange loss due to the depreciation in RMB against USD during the six months ended 30 September 2018; and (b) the decrease in gross profit for sourcing and sale of metal minerals and related industrial materials due to a change in product mix. The volatility of the global economy this year in tandem with depreciation of RMB, which had a certain impact on the Group's customers and in turn affected the performance of the trading business of the Group.