Neway Group Holdings Limited provided group earnings guidance for the year ended December 31, 2017. For the year, the group is expected to record a profit in a range from approximately HKD 30 million to approximately HKD 45 million, as compared to a profit of approximately HKD 74.0 million for the year ended 31 December 2016. The drop in profit for fiscal year 2017 as compared to that for fiscal year 2016 was primarily attributable to the fair value loss on held-for-trading investments of approximately HKD 19.2 million recorded during fiscal year 2017 (FY 2016: fair value gain of approximately HKD 80.0 million). Such fair value loss has been partly offset by (i) the fair value gain on investment properties of approximately HKD 21.1 million recorded during fiscal year 2017 (FY 2016: HKD 0.6 million) and (ii) an one-off gain of approximately HKD 46.6 million arising from a swap of land in Qingyuan City recorded in fiscal year 2017.