GKE Corporation Limited provided earnings guidance for the year 2017. For the year, the company expected to report a net loss, The expected net loss is due mainly to (i) the operating losses for the ready-mix concrete plant in Wuzhou, China, where it has only commenced commercialization in June 2016 and is still in the phase of securing new supply orders; (ii) the significantly lower charter rates for the liquefied gas carrier vessel under its 50:50 joint venture, for a period of two months from mid-October 2016 on the back of global economic uncertainties, and (iii) the lower profit contribution from warehousing & logistics business division as a result of sale & leaseback of 30 Pioneer Road property and the ongoing redevelopment of 39 Benoi Road warehouse property.