Termbray Industries International (Holdings) Limited provided earnings results guidance for the six months ended September 30, 2017. The Group expects that the interim results of the Group for the six months ended 30 September 2017 will record a profit of over HKD 60 million, as compared to the loss of approximately HKD 22.6 million for the corresponding period of 2016. The recording of such profit is primarily due to the recognition of a fair value gain on an investment property; and the recognition of a gain on assets distributed to the shareholders of the Company resulting from the distribution of a special interim dividend by the Company in the form of a distribution in specie of 526,180,335 shares in Petro-king Oilfield Services Limited held by the Group to the qualifying shareholders of the Company in proportion to their respective shareholdings in the Company.