Herald Holdings Limited provided earnings guidance for the six months ended September 30, 2016. The board of directors of the company announced that based on the information currently available, the group is expected to record a significant increase in net profit for the six months ended September 30, 2016 as compared to the six months ended September 30, 2015. Such increase is primarily attributable to a gain before tax of approximately HKD 251 million on disposal of properties in Shenzhen.