The board of directors Neway Group Holdings Limited announced that the group is expected to record a drop in profit of the group by not less than 90% for the six months ended 30 June 2017 as compared to a profit of approximately HKD 39.5 million for the six months ended 30 June 2016. The significant drop in profit for first half of 2017 was primarily attributable to the net fair value loss on held-for-trading investments of approximately HKD 10.1 million recorded during first half of 2017; and an one-off loss n disposal of available-for-sale investment of approximately HKD 5.4 million recorded in first half of 2017. Such decrease in profit has been partly offset by the fair value gain on investment properties of approximately HKD 13.0 million recorded during first half of 2017. The company is also evaluating the impairment loss on other investments of the group. The group may even record a loss for first half of 2017 as a result of such impairment loss, if any.