China Putian Food Holding Limited provided earnings guidance for the six months ended June 30, 2018. The group is expected to record a loss for the six months ended June 30, 2018 as compared with a profit for the corresponding period last year, which was mainly due to a decrease in price of white pork products as market price of white pork decreased in the PRC; the loss arising from change in fair value less costs to sell of biological assets; and the increase in finance costs mainly resulting from the increase in imputed interest of the convertible bond in the principal amount of HKD 150,000,000 due 2018 with an annual interest rate of 5% and an administrative fee of 2% per annum issued by the company to Vandi Investments Limited on October 13, 2016 and the non-convertible note in the principal amount of HKD 110,000,000 due 2018 with an annual interest rate of 6% and an administrative fee of 2% per annum issued by the company to Vandi Investments Limited on October 13, 2016.