Pacific Plywood Holdings Limited provided group earnings guidance for the year ended December 31, 2017. The board of the company announced that based on the unaudited management accounts of the group for the year ended December 31, 2017, the group is expected to record a substantial decrease in consolidated net profit as compared to the corresponding period in 2016. The board considers that such expected substantial decrease in consolidated net profit is mainly due to the decrease in revenue contributed by the business segment of operation of P2P financing platform and other loan facilitation services of the Company during the year.