Heatec Jietong Holdings Ltd. provided consolidated earnings guidance for the financial year ended December 31, 2017. The group expects to report a net loss for the financial year ended 31 December 2017. This was mainly attributable to: lower revenues and earnings from the Piping and Heat Exchanger segments as a result of the continued weak market conditions in the Marine and Offshore Engineering sector; and loss on liquidation of SGD 1.0 million upon winding up of Heatec Chariot Envirobotics Pte. Ltd., a 72.5% owned subsidiary of the company.